Eyes on $70K: The Anticipated Breakout

Feels like we might be on the edge of something big. Just a hunch though... If we cross $70K, it could really kick off a bull run.

I think when we hit $70K, some folks will sell off, but I’ve seen it bounce back after that. Look at how it dipped to $68.5K already. Could be different this time since we reached a new ATH way quicker than usual.

We haven’t even hit $70K yet so let's not jump the gun. But if we do, there might be resistance there. If we stay above it for a while, could turn into support.

Once we hit $70K, it's gonna signal a bullish trend for sure. October's been decent for Bitcoin, and I really see us breaking through soon. Don’t sell just yet, hold strong!

Totally agree with you on that. The weak hands will sell when we reach that price, but it’ll climb back again. Gotta filter out the true HODLers.

Yeah, the road to $100K won't be smooth. But if we make it past $70K, the big climb might start. Just gotta watch out for those dips where the minnows get rekt.

I thought about selling at $70K once, but nah. Seeing how the current market looks, we’re heading straight there. Only 13 days left in October, so it’s gonna be key for pushing into that bull phase.

It's super exciting! Like, when we hit $66K, the hope for $70K was alive. That support could lead us to the next big target $100K.

I agree, every bull run has its own flavor, but usually, post-halving, there’s an ATH followed by a big spike. This ATH came quicker though, and I thought we’d see the next bull run this quarter. Others say early 2025.

Every cycle has its similarities, sure, but this one feels different with that new ATH popping up before the cycle. It’s like a whole new game.

This cycle is confusing af. Like, are we in a bull run or what? Some are still in disbelief. But honestly, I think this bull run will surprise everyone.

A lot of people are keeping an eye on that $70K mark because of the rejections we’ve seen every time we get near. $70,200 was a tough barrier. Given the historical trends, a bullish quarter could help us break it.

No way, I disagree. Bitcoin’s followed a predictable 4-year cycle, and it’s been pretty straightforward to trade. Unless we have another FTX situation, I’m not worried.

I don’t think everyone will just dump at $70K. Sure, there’ve been sharp rejections, but now it’s different. The market is primed to grow rather than consolidate. So $70K feels kinda low for a lot of traders.

Hoping it happens soon, man. The third quarter’s over, and now we’re in Q4. I just wanna see how it all plays out. Everyone needs to stay ready to buy and not just wait.

Bitcoin cycles do usually follow a pattern, but this time feels different after hitting that ATH before the cycle. The ETF approval might’ve triggered it too. Still think we can reach another ATH.

I’m planning to sell a bit at each step up after we break through $75K and buy more if we dip below $50K. It’s simple for me.

You’ve got a solid strategy there! Good to see your plan laid out. Let's hope we move past $70K soon, but we gotta see if $68K can hold first.

Yeah, we’ve seen it before. Hit those big levels and then pull back. If we can keep up the momentum past $68K, we could very well reach $70K soon.

True. It’s just part of trading. Some will take profits, but $70K is the big test. If we can push it to that mark by the month’s end, who knows what’s next.