$BTC is trading around 70,170 after getting rejected from the 72k zone. Price is sitting below the short term MA and momentum looks weak on lower timeframes. Volume is drying up, which tells us buyers are not stepping in aggressively at these levels.

Market Structure Lower highs on intraday moves

Price struggling to reclaim 70.5k–71k

Selling pressure shows up on every bounce

Key Levels Resistance: 70,500 – 71,000

Major resistance: 72,000 – 72,600

Support: 69,700

Next support: 68,800 – 68,500

Outlook As long as BTC stays below 71k, downside continuation remains possible. A clean break below 69.7k can open a deeper pullback toward 68.5k. Bulls only regain control if price reclaims and holds above 71k with volume.

BTC
BTCUSDT
67,403.6
-1.72%