$BTC Bitcoin price forecast: Will the $70,500.00 support hold? BTC is trading steadily

Bitcoin price forecast: Will the $70,500.00 support hold? BTC is trading steadily
Bitcoin today gained 0.82% in value, surpassing $72,000
Bitcoin
BTC
$70,956.83
With a 0.82% increase during the day, it is trading at $72,721.59, comfortably above the SMA-20 (68,908.49, and SMA-50 )69,003.25 levels, and well below the SMA-200 (88,297.34 level. This position indicates a strong short- and medium-term upward momentum, although the confirmation of the long-term trend is still lacking, and immediate support is noted at the Ichimoku Kijun level of $70,500.00.