February 15th Midday Bitcoin Public Outlook

Yesterday, Bitcoin made a false breakout above 70053 resistance, then closed with a bearish engulfing candle, indicating a weakening trend.
Currently, support around 69320 has been tested 4 times, and a breakout is highly probable on the next test.
Support levels are being repeatedly tested; either a new high or a breakdown will occur—one of the two.

• If 69320 holds, there is a chance for a multiple bottom;
• Once broken, the triangle pattern will break down simultaneously, targeting 68330;

• If it breaks below 68330, expect a retest and consolidation around 66600.
Prerequisite for an upward move: must stay above 70000; otherwise, any rebound is false.
Range between 70000 and 69320 will oscillate without making new highs; a correction is inevitable.

Trading Suggestions:
• Break above 70015 with volume → buy on retest
• Break below 69320 with volume → short if rebound fails to recover
Strict stop-loss enforcement

Targets:
1H break above 70015 → watch for 70600-71550
4H break below 69230 → watch for 68350–67020