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Bitcoin is currently trading around 70,600 USDT after experiencing a decline of more than 3% in the last 24 hours. From the chart, it appears that the price is still below several moving average lines, indicating that selling pressure remains quite dominant in the short term.
Additionally, the MACD indicator is still in the negative area, which suggests that the bearish momentum has not fully subsided. However, the 70k USDT level becomes an important level to watch for traders. If this support holds, the chances of a short-term rebound remain open. Conversely, if this level is broken, the pric

The cryptocurrency market is showing interesting movements again after several days of consolidation. Currently, Bitcoin remains the most watched asset by investors because its movements often determine the overall market direction. If buying pressure continues to increase, the opportunity to continue the upward trend remains open. However, traders still need to pay attention to key support and resistance areas as well as global economic news that can influence market sentiment.
Risk management remains the top priority in trading. Do not use your entire capital on a single position and always