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🚀 Bitcoin Holds Steady – Is the Next Leg Up Coming?
After briefly dipping below $70,000, $BTC is showing signs of resilience as it holds the support level near $69,500. Many traders expected a deeper correction, but Bitcoin bulls aren’t giving up just yet. On the 4H chart, RSI is stabilizing while volume is slightly recovering — a potential signal that a new wave could be forming.
Institutional interest is still strong, with ETFs maintaining consistent inflows. Historically, when BTC consolidates for days at this level, a breakout often follows — either to $73K or back to $67K. So, risk management is crucial here.
Are you watching for the breakout or sitting this one out?