BTCUSD — Market Outlook

Bitcoin is currently showing rejection from a major supply zone, following a liquidity sweep near 72,000.

This behavior suggests potential distribution activity, with sellers gradually defending higher levels.

📉 Market Structure

• Market Type → Range-bound

• Short-term Momentum → Bearish

• Liquidity Event → Buy-side sweep completed

• Current Zone → 70,000 region

👉 Bias: Bearish continuation risk

🔴 Resistance Levels

71,954 → Immediate resistance

74,500 → Major breakout level

🟢 Support Levels

68,901 → Immediate support

65,940 → Strong demand zone

📌 Conclusion

Bitcoin remains under pressure following a liquidity sweep, with downside risk increasing unless resistance levels are reclaimed.

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