Wait, did Bitcoin just dodge a massive bullet or are we still in trouble?

$BTC ‌ is sitting at 68,756 and honestly, the price action looks like a total roller coaster right now. We had that scary dip down to 67,800 earlier, but the buyers stepped in just in time to keep us from a total meltdown.
Looking at the 1h candles, we’re struggling to clear that 70,000 resistance. Every time we get close, the bears wake up and push us back down. The order book is looking a bit heavy on the sell side too, with over 65% of the pressure coming from the asks.
Volume is decent, but we need a lot more conviction if we're going to reclaim 71k. If we can't hold this 68k level, I’m looking at 67.5k as the next real line of defense.
I'm keeping my hands in my pockets until we see which way this consolidation breaks. It’s a nail-biter.

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