$BTC at 70K: Imminent Breakout or Whale Trap? đ
Despite the volatility around $67,638, the overall Bitcoin sentiment remains heavily optimistic. This isn't a crash; it's a "Shakeout" designed to filter the market before the next leg up.
Why stay Bullish?
đł Whale Accumulation: Data suggests whales are leveraging the $70,000 resistance to build larger positions.
𧱠Absorbing Sell Pressure: Despite the resistance, price action remains resilient above key support levels.
đ„ Fueling the ATH: Current profit-taking is just the market "cleansing" itself to pave the way for a new all-time high.
đ Square Tip: Watch the candle close above the MAs closely; the breakout will be swift.
đŹ Discussion:
Did you "Buy the Dip" at 67K, or are you waiting for a confirmed break above 70K? Letâs hear your strategy! đ