# CanBitcoinReclaim$70K?

Gate Plaza | 2/27 Today's Topic: #BTC能否重返7万美元？
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After being sued, the ongoing "10 o'clock dump" suspected to have disappeared for several days. BTC is currently fluctuating around $67,000. Can this rebound push back to $70,000?
💬 Hot discussion this period:
1️⃣ Do you think the lawsuit is related to the disappearance of the "10 o'clock selling pressure"? Has market manipulation resistance weakened?
2️⃣ What is the key resistance zone to break through $70K ?
3️⃣ Will you grad

#CanBitcoinReclaim$70K?
Bitcoin is currently struggling below $70,000, with its latest spot price at approximately $65,874 USDT. Although there is strong buying interest from large institutions (evidenced by over $254 million in net inflows into US Bitcoin ETFs on February 27), technical and sentiment signals remain mixed and point to short-term pressure.
**Key observations:**
- BTC is in a "bearish alignment" on the daily chart (MA7 < MA30 < MA120), indicating a downtrend persists.
- The current price is just above the 15-minute 20-period moving average, suggesting some stabilization.
- Vola

#CanBitcoinReclaim$70K?
#BTC能否重返7万美元？
As of 28 February, the market structure has entered a more decisive phase compared to previous sessions. Bitcoin is currently trading around the $68,000 region after multiple intraday attempts to test the $69,000 zone, but it has not yet achieved sustained acceptance above $70,000. This consolidation is not random; it represents a liquidity compression phase that often precedes a strong directional move.
Market sentiment has shifted from neutral toward slightly bullish. Funding rates remain controlled, and there is no extreme long overcrowding, which is

#CanBitcoinReclaim$70K?
Is Bitcoin Quietly Preparing for a Major Breakout Above $70,000? A Deep Structural Analysis of the Disappearance of Systematic Selling, Institutional Positioning, Liquidity Absorption, and My Strategic Entry Plan
In my view, Bitcoin’s current price behavior around the $67,000 region represents a critical structural transition rather than a random consolidation phase. What makes this moment particularly important is the recent disappearance of the consistent “10 o’clock dump,” which had previously acted as a predictable source of downward pressure. When markets experien

#CanBitcoinReclaim$70K?
Bitcoin’s $70K Fortress Under Siege – 2026 Defining Battle (Feb 28 Live Update)
Right now Bitcoin is consolidating around $65,800–$66,200 after yesterday’s rejection from the mid-$67K zone. The Feb 25–26 push toward $69,500–$70,040 failed again, leaving clear upper wicks on higher timeframes.
From the late-2025 ATH near $126K, BTC remains down roughly 47–48%, but institutional ETF inflows have started reversing prior outflows. The $70K level remains the key psychological and technical battleground for 2026.
Why $70K Keeps Acting as a Wall
Psychological + Technical Conf

#CanBitcoinReclaim$70K? Market Structure Update — Early March 2026 Outlook
The market structure of Bitcoin has entered a more decisive compression phase as price continues rotating around the $68,000 region after repeated attempts to sustain momentum near the $69,000–$70,000 supply zone.
The current behavior is not chaotic volatility — it is liquidity balancing.
Consolidation at this stage suggests that both buyers and sellers are testing dominance before a larger directional expansion occurs.
🧠 Sentiment, Positioning and Intraday Flow
Market sentiment has gradually shifted from neutral towar

#CanBitcoinReclaim$70K? 🟠 #CanBitcoinReclaim$70K?
As we move into early March 2026, the $70,000 level remains the most important psychological and structural barrier for Bitcoin.
This is not just a round number. It is a liquidity magnet.
Repeated rejections below $69k–$70k have created:
Stacked short positions above resistance
Stop-loss liquidity from late longs
A visible technical ceiling on the daily chart
The market knows this level matters.
📊 Current Structure
Bitcoin continues rotating in the mid-$60k range, forming:
Lower highs beneath $70k
Higher lows above $63k–$64k
Tightening daily

#CanBitcoinReclaim$70K? Understanding the "Great Reset" from $60k
Your point about the bounce from $60k being a "Great Reset" is a vital distinction. Many traders look at a 15% drop simply as a "crash," but in a trend, it often serves to:
Reset Leverage: Over-leveraged "longs" are wiped out, allowing the market to move up on more sustainable buying.
Establish New Support: Re-testing the $60k zone confirmed its strength and allowed new investors to enter at an attractive price point.
Confirm the Trend: By bouncing hard from that level, it proves that "the trend is your friend," and the path of

‍#BTC能否重返7万美元？
Can BTC Reach $700,000?
BTC hovering around $67,000 seems like a classic pre-breakout squeeze phase. The current market structure is more interesting than the price itself.
1️⃣ Is the case related to the disappearance of the "10 AM drop"?
Possibly – but not directly causally.
Possibly changing factors:
Regulatory pressure may have deterred aggressive short-term market-making strategies.
Some large liquidity providers appear to have scaled back predictable selling schedules.
Institutional order flow has become more dominant compared to retail-driven volatility.
The "10 AM drop"