🟠 BITCOIN ANALYSIS
BTC trading around $70.3K and the chart is sending mixed signals.
📊 Short-term:
⚡ 30m / 1H / 5H = Strong Buy
⚡ Indicators flashing momentum (MACD + ADX bullish)
⚠️ BUT — Stoch & Williams %R showing overbought conditions
• Market cap: ~$1.41T
⚡ Analysts say BTC is trying to build a base, but the “ultimate bear bottom” could still sit near $55K.
⚡ ETF flows mixed → some institutional selling, but long-term holders mostly staying strong.
⚡ Recent moves show forced liquidations + short squeezes driving price more than organic demand.
levels
🟢 Support: $69.2K – $70K
🔴 Resistance: $70.7K → $71K breakout zone
🚨 Major resistance above: $71.6K
If BTC reclaims $73K and holds, momentum could accelerate.
⚠️ BUT — Stoch & Williams %R showing overbought conditions.
Fail there → consolidation or deeper retest remains possible.
Reality check:
This market feels like a recovery…
but structure still says caution.
$BTC
