#BTC UPDATE...

On the 4-hour chart, Bitcoin's $BTC price is forming a triangle formation. At this point, it is touching the 50-period moving average and is within a certain region known as the Ichimoku cloud. Should it rise further, it might hit $70,500. However, if it declines, it may reach $54,500. It's a significant time for the price of Bitcoin$BTC . It might turn out either way. If you want me to simplify it even further, let me know!