I see that Bitcoin is now at $72.97K, but some technical signals aren't aligning with the optimistic narrative of support at $70k that everyone is talking about. It's like that moment when the price rises, but the indicators look a bit strange.

I've been analyzing this using some tools, like Betcon and other technical indicators, and there is indeed divergence happening. Betcon is showing opposite movement while the price continues to rise, which could be a warning sign for traders. I've seen this before, and it usually doesn't end well.

What caught my attention is that Betcon isn't matching the strength the price is showing. Like, when indicators don't confirm the price movement, we need to be cautious. Some more experienced traders are already commenting on this divergence between Betcon and recent movements.

The question is: is this support at $70k really that solid? With Betcon signaling this way, it seems like there's more going on beneath the surface. Maybe it's wise to keep an eye on these signals before taking on very large positions. What do you all think?