BTCUSD is showing clean bearish market structure.
Price printed a lower high near 69,800–70,000, while a descending trendline continues to cap upside. The bounce from 66,000–66,200 is corrective — not trend reversal.
Market Structure Map:
🔴 Sell-on-rise zones (FVG / Supply):
• 66,800 – 67,000
• 67,700 – 69,500
🟢 Support / Demand zones:
• 66,000
• 65,800
• 64,400
• 62,000 (major HTF demand)
Trading Bias:
Below 69,500–70,000 → bearish continuation
Only a strong break & hold above supply would shift momentum bullish.
This is textbook lower-high structure + supply reaction.
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