📝 View: #BTC daily market structure is still bearish until we start closing candles above $70,000.

I've noticed a lot of people talking about a trend change on the lower timeframe due to the 'higher low' that formed in early September. But to me, that's just internal structure and doesn't necessarily matter for the overall trend.

So until we break above $70,000 and make a new, higher high, Bitcoin will be in a downtrend on the 1D timeframe. However, when that happens, I think we'll make new highs quickly.

🔖 Comments: Yesterday's liquidity around $66,900 and $67,500 was removed, after which Bitcoin headed higher, reaching ~$68,300. If we look at the current heat map, the levels of $65,700 and $62,900 (in case of correction) are currently highlighted.

In addition, we note that sellers may become more active in the $68,000–70,000 area, as this zone is a resistance that needs to be overcome to continue growth.