#CanBitcoinReclaim$70K? With Bitcoin (BTC) fluctuating around $67,000 and the so-called “10 o’clock dump” seemingly absent for several days following the lawsuit news, the market structure feels slightly different. The key question now is whether this rebound has enough strength to push BTC back above the critical $70,000 level.


Regarding the first discussion point, it’s possible that regulatory pressure and legal scrutiny have temporarily reduced aggressive short-term selling behavior. When large players face oversight, coordinated or routine sell-offs may become less obvious. However, crypto markets are highly liquid and global, so attributing the disappearance of selling pressure solely to the lawsuit might be an oversimplification. Market manipulation resistance may have weakened short term, but structural volatility still exists.
For the second point, the major resistance zone sits around $68,500–$69,500, just below the psychological barrier at $70K. BTC needs a strong daily close above this range with convincing volume to confirm momentum. A clean break and hold above $70K could open the path toward $72K–$75K, while repeated rejection there may trigger another consolidation phase.
As for strategy, gradual accumulation at current levels can make sense for long-term holders who believe in the broader uptrend. However, short-term traders might prefer waiting for a clear volume breakout above resistance before entering to reduce the risk of a false breakout. Personally, a partial position at support with additional buying only after confirmation of strength seems like a balanced approach.
Overall, reclaiming $70K is possible, but it will require sustained buying pressure, strong volume, and stable macro sentiment. The next few daily closes will be critical in determining whether this rebound has real continuation power.
BTC-3.65%
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