๐จ **$BTC / USDT โ 30M Technical Analysis**
Price swept the highs and pulled back hard.
We are now trading in discount territory โ and short-term weakness is showing.
Here is what I am watching:
๐ด **BEARISH SCENARIO**
Rejection from **$70,800 โ $71,500** resistance zone
โ Downside targets: **$69,500 โ $68,800** liquidity sweep ๐
๐ข **BULLISH SCENARIO**
Price holds above **$70,500** and breaks **$71,650** with conviction
โ Upside targets: **$72,500 โ $73,000** zone ๐
โ๏ธ **MY BIAS**
Downside liquidity is more likely to be swept FIRST before any real continuation higher.
Overall **slight bearish bias** while $BTC stays below **$71,650.**
Until that level breaks and holds โ every bounce is a potential sell, not a buy.
Watch the reaction at **$70,800 โ $71,500** closely.
That zone will tell us everything.
Trade the reaction. Not the emotion. ๐ง
โ ๏ธ Not financial advice. Always manage your own risk.
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