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Bitcoin today’s outlook:
The overall trend remains bearish. The current rally is just a rebound after a significant decline, not a reversal.
In the short term, it has just pulled back, but the overall trend is still weak, with oscillations leaning bearish, and the momentum is moderate.
Below 70,500 is a strong support, above 73,500 is a strong resistance. If it cannot break through, it may fall again.
Bitcoin:
A rebound to around 69,000 can be considered, with targets around 68,000-66,000.
$BTC