Buy BTC: Speculative buying could drive a BTC rebound!Bitcoin / TetherUSBINANCE:BTCUSDTRay_RaymondViewBTC has been gradually declining and is now approaching the 70,000 mark, currently in an overall downtrend. The current complex and volatile situation has led to a low market risk appetite, and as a risky asset, BTC will naturally decline gradually. However, the valuation gap may also attract speculative funds to enter the market to some extent. From the current technical perspective, BTC is in a downward trend in the short term, and there are no obvious signs of a bottoming out, indicating that BTC still has room to fall further. However, based on the symmetrical structure and trend line structure, BTC has strong support in the 70,000-68,000 area. In the short term, although BTC did not completely stop falling after approaching this support area, the downward momentum has slowed down. Coupled with the support effect of this area, some speculative buying may enter the market and drive BTC to rebound, and may retest the 73,000-75,000 area. Short-term technical support levels: 70000-68000 / 65000-63000 Short-term technical resistance levels: 74000-76000 / 78000-80000 Therefore, in the short term, if BTC continues to fall and touches the 70000-68000 area, I will consider going long on BTC.