#CanBitcoinReclaim$70K? Bitcoin is once again approaching one of the most important psychological levels in the current cycle $70,000. But before price even touches that milestone, traders need to understand something critical:
Because markets rarely move in straight lines especially not in Bitcoin.
🔎 The Key Resistance Zones Before $70K
1️⃣ $67,800 – $68,200 (Short-Term Supply Zone)
This area often acts as the first defensive line for sellers. It typically contains:
Recent lower high rejections
High intraday liquidity
Aggressive short positioning
If Bitcoin struggles here with weak volume