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Bitcoin key support level broken confirmation, is a bear coming? #Gate广场四月发帖挑战
BTC has clearly broken through the 71k support level, which was originally a strong foundation. This breakdown indicates that sellers have taken control of the situation, and momentum has shifted downward.
After being blocked at 73.7k, the price failed to sustain a higher level and formed a strong bearish trend. The market now enters a weak structure characterized by lower highs and strong selling pressure.
Key levels to watch:
Resistance: 71,800 – 72.5k
Support: 70k – 69,200
If BTC stays below 71k, the downward move may continue toward 70k or even lower. Any small rebound can be seen as a selling opportunity.
The current trend is weakening. The best strategy is to avoid going long until a strong rebound above 72.5k. $BTC