Bitcoin is currently moving sideways in the $69Kā$70K range ā and this is not weakness.
Itās the market entering decision mode.
Hereās whatās happening š
š Strong Resistance at $70K
$70,000 is a major psychological level.
Profit-taking and sell pressure keep rejecting price here.
š§± Strong Support Near $69K
Dip buyers, institutions, and smart money are stepping in.
This is stopping Bitcoin from breaking down.
āļø Buyers vs Sellers = Balance
Buyers are waiting for a confirmed breakout
Sellers canāt push price lower
Result: Range-bound price action
š° Market Waiting for a Catalyst
Bitcoin needs a trigger:
Fed interest rate signals
ETF inflow surge
Inflation / CPI data
š§ Classic Accumulation Phase
Tight ranges like this often come before explosive moves.
Low volatility = high impact move loadingā¦
š® Whatās Next?
š Above $70,500 (with volume) ā $73Kā$75K
𩸠Below $68,500 ā $65Kā$66K
š Final Thought
Bitcoin isnāt stuck ā itās charging.
The tighter the range, the bigger the move.
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