🔥$BTC Current Situation
Price: $69,556
24H High: $69,780
Strong impulsive move from ~65.2K → 69.7K
MA(7) > MA(25) > MA(99) → bullish alignment on lower timeframe
This is short-term bullish structure.
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📊 What’s Happening Technically?
✅ Strong breakout above 68.5K resistance
✅ Higher highs + higher lows on 1H
✅ Volume expansion during breakout
⚠️ Price is approaching psychological resistance at 70K
Market is currently in momentum mode, not reversal mode.
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🎯 Key Levels to Watch
Immediate Resistance:
• 69,800 – 70,200 (major psychological zone)
If 70K breaks cleanly:
➡️ Next targets: 71,200 – 72,000
Support Levels:
• 68,800 (minor support)
• 68,200 (strong support)
• 67,700 (structure invalidation)
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📈 Can It Go Higher?
Yes — IF:
• 70K breaks with strong volume
• Price holds above 69K after breakout
• No sudden rejection wick at 70K
If rejection happens at 70K, we may see a pullback toward 68.8K before continuation.
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🧠 Short-Term Outlook
Bias: Bullish continuation
But slightly extended → minor pullback possible before next leg.
Momentum is strong. Structure is healthy.
Now all eyes on 70K breakout confirmation 👀🔥
#Btc #BTC100kNext? #CPIWatch #Harman #HarmanSingh1
