📈 Bitcoin Nears $70K as War-End Hopes Fuel Risk-On Rally
$BTC : $70,506 (+4.38% in 24h) — knocking on the door of psychological resistance.
Technical signals:
• RSI: 68.7 (bullish momentum)
• MACD: 554.1 (strong buy)
• EMA7 > EMA25: uptrend confirmed
Catalysts driving the move:
• War-end speculation — Trump signals Iran conflict resolution "soon"
• ETF inflows: $167M on March 9 — institutional demand returning
• Risk assets rallying as geopolitical fears ease
Support at $69.5K, resistance at $71K. Break above = next leg up.
Are you buying momentum or waiting for confirmation? 👀