That $70k level is starting to look like a massive psychological wall.


$BTC ‌ is really testing everyone's patience right here. We had that nice push toward $76k, but the rejection was pretty swift. Now we’re sitting at $70,050 and the bears are definitely trying to put a cap on this move.
Looking at the daily candles, we’ve got some selling pressure kicking in. The order book is looking a bit heavy on the ask side (86% sell vs 13% buy), which usually means we might see a bit more of a dip before any real recovery.
If we can’t hold this $70k mark, I’m looking at $66k as the next logical spot for some support. Volume is decent but nothing crazy enough to suggest a massive breakout just yet.
I'm staying cautious. It feels like it wants to breathe a bit more before the next leg up.

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BTC0,3%
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