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BTC/USDT 4H Analysis – Range Bound with Liquidity Sweep 📊
Bitcoin is currently trading around $70,600–$70,800, hovering inside a consolidation zone after recovering from last week's dip below $68,000.
Key Observations:
· Price reclaimed the ascending channel after a brief breakdown below $68,000 (liquidity sweep)
· Strong support zone: $68,000–$69,500 — bids accumulating here
· Key resistance: $71,200–$71,650 — sellers defending this area
· Daily MACD showing bullish divergence, but momentum remains weak
Market Structure:
· Short-term: Range-bound between $69,500–$71,600
· 4H chart shows

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