btc70k

On Jun 04, 2024, 14:18 PM (UTC). According to Binance Market Data, Bitcoin (BTC) has crossed the 70,000 USDT benchmark and is now trading at 70,025.851563 USDT, with 0.09% increase in 24 hours.

#Irannews #btc70k
i dont believe this
 $300,000,000 liquidated from the crypto market in the past 60 minutes.
your btc hit the ground
lost all of his teeth
and now again
wait ...........
what about these $300,000,000 liquidated.?
who cares

It’s been a while since I shared a broader macro view, so here’s a clean and realistic outlook without over-engineering the narrative.
From a structural perspective, Bitcoin has now printed three consecutive rejections in the mid-range, something we have not seen in previous cycles.
This loss of acceptance naturally opens the path for a move below the 0.25 trendline, not as a breakdown signal, but as a continuation of the current corrective phase.
Price action beneath the trendline is forming a rising wedge, and within this context, a rejection and push lower would be considered textbook behavior rather than a bearish anomaly.
Based on this structure, I’ve added a high-level projection that highlights where the market may seek equilibrium. Current macro support sits around the $60k region, which remains the most relevant structural level if downside pressure continues.
That said, one variable consistently working in favor of the larger trend is time. The longer price compresses and drifts without impulsive expansion, the higher both the eventual breakout level and the potential bottom tend to form.
Ideally, a pullback toward the $68k area aligning with the 200 EMA on the weekly would provide a technically healthy reset without damaging the broader bullish structure.
What makes this phase interesting is context. In past cycles, Bitcoin typically transitioned from support to resistance twice before resuming expansion.
This cycle marks the first instance of three mid-range rejections, suggesting that while a correction is still valid, its duration and depth may be more limited than many expect.
This is not a call for panic or euphoria. It’s a reminder that structure evolves, cycles adapt, and corrections are part of trend continuation not trend termination. The market is recalibrating, not collapsing.
How are you interpreting this macro phase for $BTC patience, defense, or quiet accumulation?
#BTC #Macro #btc70k

What $BTC just completed is not a matter of opinion or bias, it’s a matter of market structure.
A classic Wyckoff accumulation spring has already played out. Price dipped below support, stops were flushed, weak hands were forced out, and selling pressure failed to follow through.
That failure is the signal. The downside was tested and rejected.
In Wyckoff theory, the spring is not the end of the move, it is the confirmation that supply has been absorbed.
Once sellers exhaust themselves and price can no longer continue lower, the market transitions into the most important phase: the test.
If price holds during this phase, it confirms that demand is now in control and sets the stage for markup. This is precisely where Bitcoin is positioned now, with risk clearly defined and downside already proven false.
This is why Wyckoff springs are never topping signals. They are mechanisms used by the market to transfer supply from emotional participants to strong hands before expansion begins.
By the time consensus turns bullish, the opportunity is usually gone. The upside phase does not wait for agreement, it starts when doubt is highest and positioning is weakest.
If someone is still structurally bearish at this point, it’s not because they are cautious or early, it’s because they are ignoring what the market is objectively communicating.
Bitcoin doesn’t need narratives to move higher. It needs imbalance, absorbed supply, and time all of which are now in place.
The only real question left is not whether markup begins, but how many participants will still be waiting for confirmation after the trend has already started.
#wyckoff #BTC #btc70k

The recent price action has forced an important reassessment. Once $BTC lost the key range levels, the market also lost its ability to move impulsively to the upside.
That invalidated the running flat scenario and instead confirmed a clean ABC corrective structure.
From there, price pushed into new lows, drifting dangerously close to the higher-timeframe structure break around $74k a level that historically represents the worst-case pain point markets tend to inflict before reversing.
This is not random. Markets don’t usually turn when sentiment is balanced; they turn when positioning and psychology are stretched to extremes.
Right now, several pieces are aligning. We have new macro data shifting, metals showing signs of topping behavior, and the ISM breaking out a combination that has previously marked transitions rather than continuations of downside.
Against this backdrop, my base case is that this mini bear phase exhausts itself in February through an expanded flat, ideally as close as possible to invalidation.
If that scenario plays out, the psychology will be textbook. Bearish narratives will be louder than at any point this cycle.

Shorts will aggressively pile in below $74k, fully convinced the market is broken and the cycle is over. Ironically, that conviction becomes the fuel.
With liquidity heavily stacked above and short positioning crowded at the lows, the conditions for a sharp reversal are created not despite the fear, but because of it. A reclaim and close back above $74k by the end of February would fit perfectly within that framework.
I don’t need universal agreement on this view, and I’m fully aware markets can invalidate any thesis. But based on structure, macro context, and positioning dynamics, my conviction remains that this is not a true bear market.
I believe $BTC will make new highs this year, and my positioning reflects that belief.

This is the game we’re all playing. The market doesn’t reward certainty it rewards understanding risk, structure, and psychology.
Do you see this as distribution before a deeper collapse, or accumulation before re-expansion for $BTC ?
#BTC #btc70k #WhenWillBTCRebound

Quick clarification after the earlier post there was a scaling issue on the monthly chart. This view is based on the correctly inscribed Fibonacci circles on the 3-day timeframe, and the structure here is extremely important.
Price is still hugging the 0.786 fib circle, respecting it with precision, which tells us this level is acting as dynamic geometric support rather than just a static price zone.
What stands out is the timing. After February 18th, price will have fully crossed this 0.786 circle and enter a zone with no circular support beneath it.
Historically, when Bitcoin exits one of these fib circles, volatility expands and directional intent becomes much clearer, because the market is no longer being “guided” by geometric compression. It either accelerates or resolves sharply.
It’s also worth noting that the previous all-time high topped exactly at the pink fib circle not approximately, but structurally aligned once again.
This reinforces that these circular levels are not arbitrary drawings, but recurring areas where price exhausts or transitions.
The takeaway here isn’t to predict an exact outcome, but to recognize where we are in the structure.
Bitcoin is approaching a zone where support shifts from geometric to purely market-driven.
That transition phase is often uncomfortable, noisy, and emotionally charged but it’s also where larger moves are born.
As we move past mid-February, the question becomes simple: does price re-accelerate with strength, or does the absence of circular support expose weakness?
Either way, this is a level traders and investors should not be ignoring.
How are you positioning as $BTC approaches this geometric reset point?
#bitcoin #btc70k #WhenWillBTCRebound

BTC/USDT Chart Analysis – Buy or Wait?
Looking at this BTC chart (15-minute timeframe), Bitcoin faced a sharp sell-off from ~79,000 to 72,945, which shows strong profit-taking and panic selling after rejection near resistance. After that drop, price made a V-shaped recovery and is now trading around 76,600. RSI(14) is near 55, which means the market is neutral to slightly bullish, not overbought and not oversold. However, price is still below the previous high and moving inside a recovery zone, not a confirmed uptrend yet. Best decision right now: WAIT, not aggressive buying. Safe buying is only good near strong support (75,000–74,500) or after a clear breakout and close above 77,500–78,000 with volume.
$BTC
#BTC #btcdownfall
#btc70k

Trend: Bearish (4H & Daily)
Resistance: $78,500 – $79,000
Support: $75,300 / $72,900
Entry: $78,400 – $78,800 (after bearish rejection)
Stop Loss: $79,350
Targets:
TP1: $76,000
TP2: $75,000
TP3: $73,200
Confirm With:
RSI rejection, bearish candle, volume spike, EMA/VWAP resistance
Risk: Max 1–2% per trade
Bias: Sell pullbacks in downtrend
#btc70k #BTC #BTC走势分析 #NEW #analysis