I just checked Bitcoin's key levels and liquidity is quite concentrated below the current prices. That means there is significant selling potential if BTC continues to rise from here. The $70,500 level remains critical to maintain the bullish momentum we've seen. If we lose it, we will probably see a stronger correction. For now, that is the level I am monitoring. Traders who took partial profits in this zone made an intelligent move.

BTC-0,13%
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