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#GateSquareAprilPostingChallenge Price Rejection at Resistance: Bitcoin ($BTC BTC) encountered resistance around69K–$70K, as reflected by the recent high of $70,351.46 and a pullback to $69,162.00. This aligns with the post’s mention of rejection at this level.
The price fluctuated between $68,273.34 and $70,351.46, indicating notable volatility. While demand hasn’t fully faded, the market still shows potential for another upward attempt, as suggested in the post.
Despite short-term upward possibilities, the broader structure remains weak. The post expects new yearly lows later in Q2 2026, highlighting a cautious outlook for Bitcoin’s price trend.