Can $BTC Hold the $70,000 Line? 📉
The market is currently showing Extreme Fear (14/100), but Bitcoin is showing resilience by holding the critical $70,500 - $71,000 support zone.
If we hold this level, we could see a relief rally toward the $73,200 (50-day MA). However, with the current geopolitical volatility, a break below $69k could trigger a deeper correction to the 200-day MA at $68,500.
I am watching the order books closely. What’s your move? Are you buying the dip or waiting for $68k?