Yesterday, Bitcoin pretended to break through the 70,000 level but didn't hold steady and immediately dropped. Now it's repeatedly testing around 69,300, having touched this support level four times. As the old saying goes, the more you test support, the thinner it gets. Another test will likely break it. Once broken, the triangle consolidation will also fail. First watch 68,300; if it can't hold, expect a move back to 66,600 for consolidation. To rise, it must firmly stay above 70,000; otherwise, sideways movement without new highs will lead to a correction sooner or later.
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