Would Bitcoin break it's $70k price resistance level?

[Out of mind]

Although the Bitcoin market was looking a little up yesterday and many thought it might break $70k, it did not happen. Instead, the market has moved downwards again, especially the market candles have turned red, due to which the market has currently fallen to $64k. However, I think the market is not likely to grow much this year, but rather the way the market is currently going, it will rise and fall again. And if the market holds a strong green candle and there is a good support, then the market will definitely have the possibility of going above $70k. According to the market situation at the moment, I think it would be best to buy, if you do not get discouraged and buy continuously, it is best for the future.

[EarnOnVictor]

See Bitcoin as an undecided market, it has gotten to a level where a severe punch must happen before a clear path would be visible. But let's be clear, the risk of a successful bullish breakout is so little, and the risk of bearish breakout is very high. Still, I expect it to move between $59,000 and $70,000 for now.

The reason is that the institutional investors are involved, and new buyers are piling up, even as liquidation is also happening. This makes it haphazard, and it will continue for a long time, which will make the market looks unserious, and slips into a ranging pattern.

[Marvelockg]

so looking at that $70k Bitcoin price resistance, do you think Bitcoin would break through?

One thing that is certain is that it is just a matter of time that is a bit uncertain for bitcoin to get pass $70k. when that will happen is something we can not really tell but certainly, it will get pass $70k. we can not continue to talk about every short term market correction as though it is bound to bring about a serious DIP or that when there is even the slightest bull that we are going far up because of that. it will take time before we see certain prices looking at what we have now but that being said, it will eventually happen and that is the reason why staying invested and accumulating more bitcoin during this time of DIP is actually necessary.

[Swordsoffreedom]

The market is still in a downtrend, and global geopolitical tensions are heating up more than ever as conflict between the US and Iran began today. Therefore, to avoid disappointment, we should stop expecting Bitcoin to recover or surpass its previous peak in the short and medium term
Global instability is escalating, and risky assets like bitcoin and stocks will face pressure, making a sell off almost inevitable

Bitcoin will break through the $70k or $100k resistance, or reach a new ath, but this is not the time to discuss that. Let's put that aside for now and focus on accumulating bitcoin.

[Pandorak]

Lately Bitcoin has been doing crazy numbers,after hitting a low of around $62k price surges high gaining over 3% in value in 24hrs and then hitting $70k and bouncing back down. Alots of speculation online are suggesting that Bitcoin it's on its path to full price recovery and would surely update it's all time high price due to the fact that more investors and big companies are currently buying.so looking at that $70k Bitcoin price resistance,do you think Bitcoin would break through?

First of all, i am confident and believe that we have entered a bearish market phase, judging from the market structure that has formed, creating a lower point than the previous resistance and successfully breaking through the important monthly time frame level at $74k.

The price level at $70k that you mentioned will definitely be broken out again, it's just a matter of time before that happens. Extra patience is required and while waiting you can continue to make gradual purchases using the DCA method, the current price is already very cheap to start accumulating.

[STT]

For now its not going to do this, we're in a trend decline short term and every other perspective bar  the longest time frame of all.
  Until BTC can break its negative regular decline I wont presume 70k or any other resistance level is going to be challenged.  67k is top of this trend of most immediate concern, if we break out from that its worth looking further afield for larger negatives.