🇺🇸 Above $70K — But Still Not Free
Bitcoin’s weekly close inside the higher-timeframe cloud supports short-term upside risk, yet broader structure still points toward consolidation before a final resolution.
🪙 Crypto Market Overview
Bitcoin has closed the week above $70,000, improving the odds of a push toward the $73,000–$74,000 area, where a notable short-liquidation zone sits. This weekly close matters — and it was constructive that price managed to settle inside the higher-timeframe cloud rather than below it.
That said, the structure remains fragile. A retest of the lower boundary near $67,000 is still very much possible, even if price first stretches higher. For now, the market has bought itself time — not confirmation.
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