The rally in Bitcoin is still seen as intact, which is good news for holders as long as one key level holds.

• $70,000 is the make-or-break level for the current move higher.
• Above it, the bullish case stands with no serious doubts.
• The signals pointing up still outweigh the ones pointing down.
• A drop below $70,000 would be the first real sign that the October 10 warning matters after all.
• No big pullback is expected from here.

Outlook: Expect the rally to continue unless Bitcoin loses $70,000.

## Bitcoin Levels

• **Bias:** Bullish
• **Support:** $70,000
• **Invalidation:** A loss of $70,000