Bitcoin trades above $68k, eyes $69,500 breakout toward $70k
BTC hits $69,256; break above $69,500 opens $70k–$72k
Bitcoin pushed above $68k and the 100‑hour SMA, tagging $69,256. A clean move over $69,250–$69,500 is key for the next leg.
Price cleared $67,500–$68,000 and broke a bearish trend line near $67,650 on the hourly chart, then paused above the 23.6% Fib of the $65,688–$69,256 leg. Source: NewsBTC analysis.
BTC trades above $68,500 and the 100‑hour SMA. If it holds $68,500, bulls will likely re‑test $69,250 first. Source: NewsBTC update.
- Immediate resistances $69,250 and $69,500. Close above $69,500 targets $70,000, then $71,500 and $72,000. Details
- Supports $68,800 and $68,500. Deeper pullback eyes $67,500 (50% Fib of $65,688–$69,256), then $67,000 and $66,500. Details
Hourly MACD tilts bullish. RSI sits above 50. Source.
