#BuyTheDipOrWaitNow? 🚀 | 8 Feb 2026
BTC didn’t break down to $61K…
It bounced. Hard.
Price is currently trading around $70,280 after sweeping liquidity near $67.5K and reclaiming the $70K psychological level.
📊 1H Structure: • 24H High: $70,766
• Strong bullish impulse candle
• Trading above MA5 / MA10 / MA30
• Momentum turning positive
This is a classic liquidity grab → relief move.
Now the battlefield is clear:
🔑 Resistance: $70.8K–$71K
🔑 Intraday Support: $69K–$69.5K
🔑 Breakdown Level: Below $67.5K
If BTC flips $71K into support → continuation toward $73K possible.
If rejected → short-