BTC must hold the $70,000 level. A breakdown or daily close below this level could put significant downside pressure on the market.
Currently, Bitcoin is sitting at the intersection of two key trendline supports — an upward trendline and a downward trendline.
Ideally, we should see a strong bounce from this zone to maintain the current structure.
If BTC holds $70K, my upside targets are:
🎯 $83,000
🎯 $86,000
🎯 $88,000
🎯 $92,000
However, if $70,000 fails to hold, the next major downside target could be $60,000.
$70K is the level to watch. The next move could define Bitcoin’s direction.$BTC
Currently, Bitcoin is sitting at the intersection of two key trendline supports — an upward trendline and a downward trendline.
Ideally, we should see a strong bounce from this zone to maintain the current structure.
If BTC holds $70K, my upside targets are:
🎯 $83,000
🎯 $86,000
🎯 $88,000
🎯 $92,000
However, if $70,000 fails to hold, the next major downside target could be $60,000.
$70K is the level to watch. The next move could define Bitcoin’s direction.$BTC
