Swissblock: The next 72 hours could determine the outcome of the trade war… and the fate of the markets!
🔹 Bitcoin failed to hold $78K–$79K, dropping to $74.5K amid escalating tensions between the US and China.
🔹 Double bottom or lower?
Bitcoin is reclaiming $76K after liquidating long positions at $74.5K.
For a bullish shift, it needs to recover $78K-$79K. Risk of a drop: support at $68K-$70K.
High liquidity is a plus, but external pressure is a problem.