$BTC is getting very close to the $70K zone and the 4H chart still looks strongly bullish.
The breakout from the $64K area came with a big volume spike and BTC is now holding above $68.5K. MACD is also showing strong bullish momentum.
The only thing Iâm watching here is the overbought condition. Chasing BTC right under $70K can be risky if we get a quick pullback.
If BTC gets a clean 4H close above $70K then $70.3K and higher levels could come into play.
For now the key level is simple
Above $70K = bullish continuation
Below $68.5K = possible pullback toward $66.7K
BTC bulls are still in control but this is where patience matters. đ
The breakout from the $64K area came with a big volume spike and BTC is now holding above $68.5K. MACD is also showing strong bullish momentum.
The only thing Iâm watching here is the overbought condition. Chasing BTC right under $70K can be risky if we get a quick pullback.
If BTC gets a clean 4H close above $70K then $70.3K and higher levels could come into play.
For now the key level is simple
Above $70K = bullish continuation
Below $68.5K = possible pullback toward $66.7K
BTC bulls are still in control but this is where patience matters. đ