$BTC Analysis: 70K Target Soon or Major Retest Coming? 📉
Current Market Situation:
Bitcoin is currently trading in a critical resistance zone around $68,500.
Key Levels to Watch:
Resistance: $69,200 – Breakout above this can trigger a rally to $72,000.
Support: $66,800 – Losing this level might push price back to $65,000.
💡 My Take: Volume is steady, but RSI shows slight overbought signals on 4H chart. Wait for confirmation before entering long.
What’s your play for today? Long or Short? Let me know below! 👇
$BTC Analysis: 70K Target Soon or Major Retest Coming? 📉
Current Market Situation:
Bitcoin is currently trading in a critical resistance zone around $68,500.
Key Levels to Watch:
Resistance: $69,200 – Breakout above this can trigger a rally to $72,000.
Support: $66,800 – Losing this level might push price back to $65,000.
💡 My Take: Volume is steady, but RSI shows slight overbought signals on 4H chart. Wait for confirmation
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