BTC/USDT is trading around $69,750, up nearly 5% on the session. On the 4H chart, price has pushed back above the short-term moving averages (MA5 & MA10) and is now testing the mid-range resistance zone just below $70K.
After sweeping liquidity near the $65.5K area, BTC printed a higher low and followed with consecutive strong green candles. The 30MA around $68K is starting to flatten, suggesting momentum is shifting back to buyers. MACD is crossing upward, indicating bullish continuation if volume sustains.
Key levels to watch:
Resistance: $69,800–$70,000 → then $71K
Support: $68,200 → $66,500
As long as BTC holds above $68K, short-term bias remains bullish. A clean break and hold above $70K could open expansion toward the $71K–$73K range. Rejection here may lead to consolidation before the next move.
Momentum building — but watch volume confirmation closely.
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$BTC 4H Structure – Reclaiming Strength Near $70K
BTC/USDT is trading around $69,750, up nearly 5% on the session. On the 4H chart, price has pushed back above the short-term moving averages (MA5 & MA10) and is now testing the mid-range resistance zone just below $70K.
After sweeping liquidity near the $65.5K area, BTC printed a higher low and followed with consecutive strong green candles. The 30MA around $68K is starting to flatten, suggesting momentum is shifting back to buyers. MACD is crossing upward, indicating bullish continuation if volume sustains.
Key levels to watch:
Resistance: $69,800–$70,000 → then $71K
Support: $68,200 → $66,500
As long as BTC holds above $68K, short-term bias remains bullish. A clean break and hold above $70K could open expansion toward the $71K–$73K range. Rejection here may lead to consolidation before the next move.
Momentum building — but watch volume confirmation closely.
#BTC