Bitcoin is currently in a range after bullish expansion, but your chart clearly shows a rejection from premium zone (~71.5K). Price is now reacting from FVG + Fib confluence, indicating a potential short-term bearish move before continuation.
STRUCTURE ANALYSIS:
HTF: Bullish (Higher Highs intact)
LTF: ChoCH formed → short-term bearish shift
Price rejected from premium zone (0.705–0.786)
👉 Bias: Short-term bearish → then bullish continuation
KEY ZONES:
Resistance / Supply:
71,000 – 71,600 (strong rejection zone)
Current Price: ~69,950
Demand Zones:
69,300 – 69,000 (FVG zone)
68,500 – 68,000 (strong demand)
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