We mapped the double bottom at 68.1k–68.2k. We marked 68.9k–69k as the neckline. We said: break and hold → expansion. And what happened? 💥 Neckline broke 💥 Supply flipped 💥 69.5k cleared 💥 70K tapped That wasn’t luck. That was structure. Equal lows formed. Liquidity built. Compression tightened. Then boom — expansion straight into 70k. This is why we wait for confirmation instead of guessing bottoms. Once 69k flipped from resistance to support, the squeeze was inevitable. Structure speaks first. Price follows. If you caught that neckline break… you already know 🫡
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#USCoreCPIHitsFour-YearLow $BTC JUST SMASHED 70K — EXACTLY AS CALLED
We mapped the double bottom at 68.1k–68.2k.
We marked 68.9k–69k as the neckline.
We said: break and hold → expansion.
And what happened?
💥 Neckline broke
💥 Supply flipped
💥 69.5k cleared
💥 70K tapped
That wasn’t luck. That was structure.
Equal lows formed.
Liquidity built.
Compression tightened.
Then boom — expansion straight into 70k.
This is why we wait for confirmation instead of guessing bottoms.
Once 69k flipped from resistance to support, the squeeze was inevitable.
Structure speaks first.
Price follows.
If you caught that neckline break… you already know 🫡