$BTC — Smart Money Read
BTC is holding above a key demand zone (~$62,800–$63,000) after sweeping liquidity below recent lows. Price action shows a clear shift in structure on the 4H — smart money likely accumulated in this zone before the bounce.
Watching for a retest of the order block near $63,500 before continuing higher. If price breaks and holds above $65,600, next liquidity target sits near $69,000.
Invalidation: a clean close below $62,800 flips this bias bearish.
Not financial advice — sharing my SMC read for discussion. 👀
$BTC #SpaceXFirstLockupExpiresAug6
BTC is holding above a key demand zone (~$62,800–$63,000) after sweeping liquidity below recent lows. Price action shows a clear shift in structure on the 4H — smart money likely accumulated in this zone before the bounce.
Watching for a retest of the order block near $63,500 before continuing higher. If price breaks and holds above $65,600, next liquidity target sits near $69,000.
Invalidation: a clean close below $62,800 flips this bias bearish.
Not financial advice — sharing my SMC read for discussion. 👀
$BTC #SpaceXFirstLockupExpiresAug6