CyrilXBT|2月 07, 2026 05:35
BTC Update
BTC wicked hard into the 2024 high zone $70K and bounced.
That tells me:
Buyers are still defending that prior breakout level.
But momentum has clearly shifted bearish short term.
If $70K holds on weekly closes → this is just a higher low.
If it loses cleanly → next major support is the $50K–$55K zone.
BTC is the key. Everything else follows.(Cyril-DeFi)
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