BTC has moved from the $64K area to just below $70K, but the size of the move isn’t what interests me most.
What matters is what happened after the breakout. BTC held above the previous range instead of giving the entire move back, then started pushing toward the $69.9K area again.
That tells me momentum is still being defended at higher levels.
Personally, I’m leaning higher.
The real test now is $70K. A clean acceptance above this area would make the current structure much more convincing; rejection would tell a very different story.
Does BTC have enough strength to turn $70K from a psychological barrier into a real support zone?
$BTC
What matters is what happened after the breakout. BTC held above the previous range instead of giving the entire move back, then started pushing toward the $69.9K area again.
That tells me momentum is still being defended at higher levels.
Personally, I’m leaning higher.
The real test now is $70K. A clean acceptance above this area would make the current structure much more convincing; rejection would tell a very different story.
Does BTC have enough strength to turn $70K from a psychological barrier into a real support zone?
$BTC