$BTC is currently consolidating after a sharp sell-off, forming lower highs on the 4H timeframe, confirming that short-term structure is still bearish.
Price has now rejected from the highlighted supply zone around $71K–$72K, showing sellers are defending this area aggressively. This zone aligns closely with the EMAs overhead, adding extra resistance pressure.
Right now, BTC is hovering near $69.7K, trapped between resistance above and liquidity below.
⚡ Market has only two clean paths from here:
🔹 Bullish Case:
A strong 4H close above $72K would invalidate the lower-high structure and open the door for a move toward $74K–$76K.
This would offer short-term long scalp opportunities if momentum confirms.
🔹 Bearish Case:
Failure to hold $68.2K–$67.3K support risks another liquidity sweep toward $60K, where the next major demand sits.
📌 Key Levels to Watch:
• Supply: $71K–$72K
• Support: $68.2K – $67.3K
• Major downside liquidity: ~$60K
📌 Final Thoughts:
Market already flushed weak hands.
Now it’s playing patience.
No FOMO.
No prediction.
Just reaction to levels.
Smart money waits for confirmation.
Crowd chases candles.
Trade the structure — not the noise.
#BTC #Bitcoin #Crypto #MarketStructure #4HChart #BinanceSquare #PriceAction 🚀
