Bitcoin: Nears $70500 Support on 2-Day Chart

Bitcoin trades near the critical $70500 support on the 2-day timeframe per @RhythmicAnalyst. At $71423.6 the 4h chart shows price testing the lower Bollinger Band at $71733.43 while RSI(14) prints 27.2 in oversold territory and MACD remains locked in a death cross below both EMA50 at $74368.78 and EMA200 at $76369.21, creating a high-confluence zone where institutional desks often hunt liquidity before any reversal attempt.