$BTC

BTC
BTCUSDT
70,297
+8.60%

(Bitcoin) Longs Flushed, Support Tested Long Liquidation: ~$5.39K at $70,107

Bitcoin saw long liquidations near a key psychological level, indicating overleveraged late longs were wiped out. This kind of move often acts as a local liquidity sweep, clearing weak hands before price decides its next direction.

Market Read:

BTC is still in a corrective structure. A reaction from this zone could produce a dead-cat bounce or short-term relief rally, but failure to hold may invite deeper downside.

Trade Setup (Speculative Long):

Entry: $69,800 – $70,200

Targets: $71,500 / $72,800

Stop Loss: $68,900

Trade $BTC Hear👇