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#BTC Still Holding at the $70K Psychological Level, Breakout or Rejection? 🚀
Bitcoin is currently struggling to maintain key support in the $69.300 - $70.000 range. Although it briefly touched the $71.000 level, selling pressure remains quite strong.
📊 Key Levels to Watch:
Resistance: $72.800 & $74.450 (Critical area since April last year).
Support: $67.500 (If broken, watch for a decline to the $63K area).
The RSI indicator is in neutral territory (44-50), showing the market is still indecisive (indecision). Will we see a short-squeeze soon?
What do you think? Still wait and see or starting to accumulate at support? 👇
#Bitcoin #BTCUSDT #TechnicalAnalysis #GatePost