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Happy Sunday
Bitcoin has risen this week, with the price once again approaching the 70,000 level. It is now stabilizing. Whether it will continue upward or pull back next week remains to be seen.
Based on the four-hour chart, the price has been consistently bullish, reaching a high point and then closing lower. The MACD bullish momentum is decreasing. There are signs of a potential reversal. Next week, a continued pullback is expected.
Therefore, intraday rebounds in the 70,000-70,400 range should be viewed with caution, with a phased approach to bearish positions. The target is around 68,000, with a break below near 66,500.