Opening a high-conviction LONG entry on $BTC right here.
TP: $84,830
SL: $83,480
Why am I bullish on $BTC right now?
That aggressive dip below the previous swing low was pure stop-hunting. Weak long holders got swept, price flushed out the liquidity, and $BTC reclaimed the level in seconds.
That instant reclamation changes everything.
With bottom stops cleared, complacent short sellers are building up overhead after the drop, while their liquidation pool is sitting higher around $84,800.
That upper liquidity zone is where price wants to gravitate next.
Over-leveraged longs were flushed out first; now it's time for the shorts to become the next target.
#FedMinutesFocusOnOctoberPause #BTCFallsBelow$84K #DubaiVARAIssuesReserveAssetAuditCircular
TP: $84,830
SL: $83,480
Why am I bullish on $BTC right now?
That aggressive dip below the previous swing low was pure stop-hunting. Weak long holders got swept, price flushed out the liquidity, and $BTC reclaimed the level in seconds.
That instant reclamation changes everything.
With bottom stops cleared, complacent short sellers are building up overhead after the drop, while their liquidation pool is sitting higher around $84,800.
That upper liquidity zone is where price wants to gravitate next.
Over-leveraged longs were flushed out first; now it's time for the shorts to become the next target.
#FedMinutesFocusOnOctoberPause #BTCFallsBelow$84K #DubaiVARAIssuesReserveAssetAuditCircular