Bitcoin $BTC has shown signs of resilience after a recent aggressive sell-off ๐. Selling pressure appears to be easing as price begins to stabilize near a key demand zone, suggesting that buyers are gradually stepping back in ๐.
๐น Entry Zone
(Demand Area): 70,500 โ 71,500
๐น Upside Targets:
โโ๐ฏ TP1: 72,500
โโ๐ฏ TP2: 74,200
โโ๐ฏ TP3: 76,000
๐น Risk Level (Invalidation): 69,500
Liquidity has been swept below recent lows ๐ง, a common behavior during downside exhaustion phases. The current reaction from this demand pocket indicates improving market structure ๐งฑ and reduced selling momentum.
If this support continues to hold, price may rotate toward higher liquidity zones ๐. However, confirmation through sustained volume and structure is still required.
As always, downside risk remains, and disciplined risk management is essential in volatile market conditions โ ๏ธ.
Educational content only. Not financial advice.
#bitcoin ๐ช #BTC ๐ #Marketstructure ๐งฑ #liquidity ๐ง #RiskManagement ๐ก๏ธ