$BTC $BTCUSDT$ is trading at $70,368.1$ after rebounding from the $68,689.1$ low and reclaiming the $69,910.4$ intraday resistance. The 1H structure shows a bullish continuation setup inside a broader consolidation range. Price swept liquidity above $70,557.7$, retraced, held higher lows near $69,072.7$, and is now pushing back toward range highs.
The key level controlling structure is $69,072.7$. As long as price holds above this higher low, buyers remain in control. The rejection wick from $70,557.7$ was absorbed without structural breakdown. Consolidation above $69,910.4$ signals strength and preparation for another attempt at the highs.
Liquidity is clearly positioned above $70,557.7$ and toward $70,748.1$. The recent impulsive green candle into $70,369.6$ shows renewed momentum. There is no lower low formation, and pullbacks remain corrective rather than aggressive.
EP: $69,900$ – $70,400$
TP1: $71,200$
TP2: $72,500$
TP3: $74,000$
SL: $68,850$
Trend strength is moderately bullish with higher lows forming inside consolidation.
Momentum has shifted back upward after defending $69,072.7$ support.
Liquidity above $70,557.7$ and $70,748.1$ is likely to be targeted before any deeper corrective move develops.
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