Market context
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Bitcoin is recovering above $70,200 with bullish support at $70,400, targeting resistance near $71,650, but faces decline risk if it fails to clear key levels.
Bitcoin price is consolidating above key support near $72,000 with bullish momentum aiming for a breakthrough above $75,500 and potential climbs toward $77,500-$78,000 in the short term.
Bitcoin is struggling below key resistance levels around $115,000-$116,000, facing bearish pressure and potential declines if it fails to break above $115,000, with support near $112,500 and $110,000…