$BTC 1 week and 1 day view:
MA50 on the weekly chart is a support for the price and we are still above this line.
MA200 on the daily chart shows us a break of this line and a retest from below.
I think we will see a better price reaction on the weekly timeframe because this is a good strong psychological zone.
So we need to watch for price behaviour in the local picture in the near future.
In the extreme case, the 70k level is the ultimate strong resistance zone.
Let's see what the market will show us soon.