$BTC
— We’re currently stuck between several different liquidity clusters...
BTCUSDT Perp
84,844.1
+0.84%
With price action forming lower highs since the previous high at $87.3K, along with other technical confluences, I’m looking for a continuation down toward $80K before we see a bullish reversal.
We’re also currently trading inside the FVG formed during the move down from $125K on the higher time frame (HTF).
As long as price action can hold this region, the bullish sentiment remains intact.
If price drops below $80K, it will be leaving this imbalance zone.
— We’re currently stuck between several different liquidity clusters...
BTCUSDT Perp
84,844.1
+0.84%
With price action forming lower highs since the previous high at $87.3K, along with other technical confluences, I’m looking for a continuation down toward $80K before we see a bullish reversal.
We’re also currently trading inside the FVG formed during the move down from $125K on the higher time frame (HTF).
As long as price action can hold this region, the bullish sentiment remains intact.
If price drops below $80K, it will be leaving this imbalance zone.
