This kind of move says a lot about the market right now.

Bitcoin dipped early, shook out some weak hands, and then pushed back to $70K. That kind of recovery usually points to underlying demand rather than panic. When price snaps back quickly, it often shows buyers are still stepping in.

If Bernstein’s $150K outlook plays out or not, moments like this highlight how resilient Bitcoin can be during pullbacks. It feels more like consolidation than a breakdown.