🚀 Will Bitcoin return to $70K? The market is on hold waiting



BTC has stabilized around $67K, and selling pressure eased at 10:00. The main question — do the bulls have enough strength for a new surge? Let’s analyze the key points:

1️⃣ Has the pressure eased after the lawsuit against Jane Street?
The lawsuit against the market maker added some nervousness, but major players seem to have already adapted. Trading volumes have stabilized, and panic has subsided. Short-term pressure is relieved, but regulatory risks remain in focus.

2️⃣ Where is the real resistance on the way to $70K?
The first zone is $68.5K–$68,927,465,657,483,920,101,928,374,656,574,839,201 local highs. Next is the psychological barrier of $70K, where profit-taking might occur. The main level is the historical ATH. Breaking through this level with volume will open the way to record highs.

3️⃣ Are you already entering or waiting for confirmation?
Cautious traders wait for a close above $68K. Aggressive traders are accumulating positions from current levels. My approach: partial entries on dips, main entry after breaking through $68.5K. And you?
BTC-2.53%
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