Why is BTC stuck at the 70k zone?

Let's check the chart.

Looking at the 6H chart, it seems like BTC is creating a bullish Ascending triangle pattern. It's been going up and down the 69k to 70k zone making higher support at every dip. This means the selling pressure has gone weak and the buy volume is increasing.

Verdict -->BTC is bound to go up, but for now it's taking its time. Patience is gold.

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Chart below 👇