Bitcoin is currently supported at 70,500 and is consolidating sideways. It is unclear whether it will move downward to find support levels or break out of a triangle pattern; the outcome should become clear tomorrow. If it rises above 72,550 and then dips back without breaking that level, only reaching the gap, it would indicate a triangle breakout. If it repeatedly breaks new lows and drops roughly 1,000 USD in a downward channel to find support, then from a weekly K-line perspective, the extreme support level would be 65,900.

BTC-0,87%
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