💀 Bitcoin below $70,000 — the market at a key point
📉 BTC has broken the $70k mark, increasing pressure on the entire market.
Less than 17% remains until the weekly MA200.
⚠️ This is not just a line on the chart.
Historically, it is the area of the MA200 on weekly charts where:
— bear markets ended
— capitulation of weak hands occurred
— a base was formed for the new cycle
🧠 The market is approaching this boundary again:
either long-term demand will appear here,
or we are waiting for a final accumulation of pain.
📌 Such zones are not about emotions.
They are about patience, risk management, and a cool head.
⸻
👉 Subscribe if you want to understand where the market breaks and where it turns around.
BTCUSDT
Perp
69,270.8
-2.01%