$BTC is heading to $70k? 3 days ago, we shared our BTC outlook, pointing out that Bitcoin was moving inside an ascending broadening wedge channel. Today, BTC remains within that structure, which is generally considered a bearish pattern. The longer this consolidation lasts, the wider the support and resistance range becomes. Our target remains unchanged: a move toward $70k before a potential drop to the $59k–$55k area. This rally still looks corrective, while declining volume suggests bullish momentum remains weak.
