🔥 BTC Holding 70K — Accumulation or Fake Break?
On the 4H timeframe, Bitcoin is consolidating around the 70,000 level after a strong recovery from the 60,000 low.
📊 Technical View:
Price is trading near MA(7)
MA(25) around 68,800 acting as dynamic support
Short-term structure turning neutral-to-bullish
Key Levels to Watch: 🟢 Support: 68,800 – 69,000
🔴 Resistance: 72,200 (recent 24H high)
If BTC holds above 68.8K, continuation toward 72K+ is possible.
Break below that zone could lead to short-term correction.
Volume is cooling, which suggests consolidation before next move.
⚠ Always use proper risk management. Don’t over-leverage in consolidation zones.
Are you bullish above 70K or expecting rejection? 👇
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