#BTC continues to show a characteristic typical of consolidation periods: repeated liquidity sweeps, followed by the defense of important price regions.
Since the support around $81K, the market has revisited this level several times but continues to respect it. What many are interpreting NOW as weakness is actually a process of liquidity absorption before a more significant move.
The key point is the structure. As long as Bitcoin continues to defend relevant regions and can turn lower lows and lower highs into a sequence of higher lows and higher highs on lower timeframes, the recovery scenario remains valid.
In addition, when we zoom out to the monthly chart, the structure remains bullish, despite all the geopolitical pressure and volatility seen in recent days.
The next move could take BTC back to the $92K region, based on the range of the last expansion.
The market doesn’t need to rise immediately to keep building a bullish structure. Often, it’s precisely during the most frustrating periods of sideways movement that positioning for the next move begins to take shape.
Confirmation will come with a consistent recovery in the short-term structure and continued buying pressure. Until then, patience will continue to be tested.
Since the support around $81K, the market has revisited this level several times but continues to respect it. What many are interpreting NOW as weakness is actually a process of liquidity absorption before a more significant move.
The key point is the structure. As long as Bitcoin continues to defend relevant regions and can turn lower lows and lower highs into a sequence of higher lows and higher highs on lower timeframes, the recovery scenario remains valid.
In addition, when we zoom out to the monthly chart, the structure remains bullish, despite all the geopolitical pressure and volatility seen in recent days.
The next move could take BTC back to the $92K region, based on the range of the last expansion.
The market doesn’t need to rise immediately to keep building a bullish structure. Often, it’s precisely during the most frustrating periods of sideways movement that positioning for the next move begins to take shape.
Confirmation will come with a consistent recovery in the short-term structure and continued buying pressure. Until then, patience will continue to be tested.