Bitcoin Closes the Week Below $70,000 — A Warning Sign for Bulls

$BTC losing the $70,000 level on the weekly close is not a positive signal for the bulls.

The current market structure remains weak, and I'm leaning towards a scenario where we see a short relief bounce before further downside continuation.

My short entry around $74,000 has now locked in +12% profit ✅ — congrats to everyone who caught that move!

If you missed the previous analysis, it's worth revisiting as the current context still aligns closely with the original scenario.

I'm now watching for another short-term short opportunity. Key price levels have been marked — what I'm waiting for is the market's reaction at those zones, particularly whether we see strong rejection or not.

If a solid confirmation signal appears, this could be another high-quality setup for sellers in the near term.

#BTC