$BTC is consolidating above a key psychological support after a sharp liquidity sweep, hinting at a potential intraday bounce

On the 15m chart, price reclaimed the 70,000 support after a stop-hunt wick from 72,271, holding above EMA99 while EMAs compress, signaling range contraction before expansion with buyers defending the lows.

LONG 70,200 - 70,450

TP1 71,000, TP2 71,600, TP3 72,200

🛑 Stop Loss 69,750

Bias favors a relief bounce toward prior resistance if price holds above 70k and EMA99; invalidation on clean breakdown below support.

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BTC
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69,652.8
-0.69%