BTC will rise to 70K in two routes
2024-10-01

Bitcoin has started a downward correction, after which it began to gain bullish momentum. I expect to hover around the 63K support level and then start to have two possible upside positions:

Immediate rebound
Target :70k
If the upside breaks above 67K, it could trigger a strong rally towards the 70K area, continuing the bullish momentum after the breakout.

A pullback before a rally
Target: Adjust to 57K, then rebound to 70K
Trend: If Bitcoin fails to break through 67K, it may continue to fall back to 57K. This can serve as a support base and a subsequent rally could push the price back towards the 70K target.

Both scenarios are bullish, with the main difference being whether Bitcoin rebounds immediately or after correcting the decline.