Bitcoin Price Update | BTC Eyes $70K Again?
Bitcoin ($BTC ) is showing renewed strength after bouncing from the $61.8K support zone. The bulls are pushing towards the key $68K resistance, and a successful breakout could open the door to a new test of the $70K psychological level.
Key Highlights:
Support held firm near $61,800 – bulls defended the 100 Ema on the 4H chart.
RSI is climbing, now nearing 60 – a sign of growing momentum.
On-chain data shows increasing wallet accumulation, hinting at long-term confidence.
What’s Next?
If $BTC breaks and closes above $68K, expect potential upside towards $70.5K – $72K. Failure here might result in another retest of the $65K zone.
Trade wisely – this could be a pivotal weekend for crypto!