Bitcoin just snapped lower, flushed weak hands, and instantly found bids near 70,300. Sellers pushed hard, but buyers defended structure — that wick tells a story. Momentum is still fragile, yet the bounce shows demand sitting patiently below.

Structure: Short-term downtrend, potential relief bounce

Support: 70,300 → 70,000

Resistance: 70,900 → 71,300

Trade Setup:

Entry: 70,350–70,500

Stop: 69,950

Targets: 70,900 → 71,300 → 71,900

This is a scalp-to-swing hybrid. If volume follows, the squeeze can be fast. Stay sharp — BTC doesn’t give second chances.

Come and trade on $BTC

BTCUSDT

Perp

66,153.2

-1.46%

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