BTCUSD Setup: 70K Sweep Then Bearish ReversalBitcoin / U.S. dollarBITSTAMP:BTCUSDProfessor-Gold-SignalsBTCUSD Market Outlook Bitcoin is currently trading around the 69,890 zone, and the price action suggests a potential short-term move higher before a larger corrective phase. 🔍 Market Structure Insight: The market is showing signs of weak bullish continuation, where price may push upward to capture liquidity before reversing. This type of move is often driven by retail breakout traders entering late, providing fuel for smart money to distribute positions. 📈 Bullish Scenario (Short-Term): BTC is likely to push toward the 70,000 psychological level for a liquidity grab. If momentum extends, the next resistance levels to watch are 70,400 and 71,000. 📉 Bearish Scenario (Mid-Term): After the liquidity sweep, fear & greed sentiment could shift rapidly, leading to a rejection and downside move toward the 64,000 zone, with intermediate support at 68,000 and 65,000. ⚠️ Key Levels to Watch: Resistance: 70,400 – 71,000 Support: 68,000 – 65,000 💡 Trading Idea: Watch for rejection confirmation near 70K (fake breakout, long wicks, bearish engulfing, or structure shift) before considering short positions. Avoid chasing breakouts without confirmation. #BTCUSD #Bitcoin #Crypto #TradingView #PriceAction #SmartMoney #CryptoTrading