$BTC $69,320 – Critical Juncture! What's Next? 🚀📉

Bitcoin is at a pivotal point, hovering around $69,320. The battle between bulls and bears is fierce, especially around the psychological $70,000 level.

Quick Takeaways:

Resistance at $70,500: Multiple rejections here indicate strong selling pressure. A clean break above this is crucial for further upside.

Support at $68,000: This immediate support needs to hold. A breakdown could send us quickly towards $65,000.

Volume & Volatility: Expect heightened volatility and potential "Stop Loss hunting" as volume remains somewhat low.

Your thoughts? Is BTC setting up for a rally, or a deeper correction?

BTC

69,048

-0.75%

#MarketRebound #USRetailSalesMissForecast #CPIWatch #BTCMiningDifficultyDrop