$BTC /USD Market Update 🧵

4H | Bitstamp

Bitcoin is at a critical decision point right now. Here's what I'm watching. 👀

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📊 KEY LEVELS

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🔴 Major Resistance → $78,000+

⚠️ Current Price → $71,856

🟢 Demand Box → $64,000 – $73,500

🛡️ Major Support → $62,000 – $64,000

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BTC has been ranging inside a massive blue demand box ($64K–$73.5K) for nearly 2 months. Every dip has been bought. Every pump has been sold. 📦

Just rejected hard from $75,500 back into the box. MAs are all converging right here around $71K–$73K — this is the battleground. ⚔️

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📌 Two Scenarios

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🐂 BULL → Hold $70K, reclaim $74K = push toward $78K–$82K

🐻 BEAR → Lose $70K = retest $66K–$64K demand zone

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The range is tightening.

A big move is coming — up or down.

Watch the $70K level closely. 🎯

⚠️ DYOR — not financial advice. 🙏

Drop a 🔥 if you're watching $BTC BTC!

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