BTC Hits 70K Target, Testing Key Monthly Support
Bitcoin hit our downside target and is now testing the Monthly Bias Target 🎯
Historically a major support and often the bottom.
If we’re going to bounce, it’s here.
But my Monthly BX is not a buy yet.
Discount alone isn’t enough.
I need real buying pressure before I turn long‑term bullish again.
The level is technically ideal for a bounce — but ideal levels don’t guarantee reversals.
What matters now is whether buyers actually step in with conviction.
BTCUSD hit the 70K downside target I mapped out and is now sitting on major Monthly Bias support.
The same zone that usually marks big bottoms.
Traditionally, we will bounce here ✅
But my Monthly BX is still red. Discount alone isn’t enough.
I’m not buying until I see real buying pressure.
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