BTC Yesterday’s weekly close was basically the textbook bearish scenario. We pushed above the range highs, sweeping huge amounts of liquidity that had built up over the past month, followed by a weekend dump that caused price to close back below $74k. Now price is once again trading inside the previous range, with focus shifted to the downside, as that’s where the majority of the remaining liquidity is now sitting. In the short term, $74k is our most important support level, which for now keeps getting defended by buyers. Once price loses that level, a move lower towards our first major liquidity cluster around $70k becomes increasingly likely. However, should we see a reclaim of $76k, there’s a decent chance that we fill the most recent CME gap and sweep the highs once again. My main scenario remains further downside, which is why I’ll keep my swing short trade running.(Max Trades)