BTC
71,545.4
+2.29%
Bitcoin is trading roughly around $67K–$68K after bouncing from the $60K February low and briefly touching $72–73K earlier this month.
Trend: Neutral–Bullish consolidation.
BTC is trading above both the 50-day and 200-day moving averages, which keeps the macro trend bullish.
However, the last 3 months show a corrective structure, meaning the market is digesting previous gains
Current Structure
Range: $60K – $74K
Market phase: Accumulation / consolidation
Large investors accumulated ~400,000 BTC between $60K–$70K, making this zone structurally strong.
Key Technical Levels
1️⃣ $70,000 – Psychological pivot
2️⃣ $68,500 – Immediate horizontal support
3️⃣ $64,300 – Strong technical support
4️⃣ $60,000 – Major structural support (break = bearish shift)