$BTC bullish CHoCH confirmed. Structure shift playing out exactly as called.
After breaking previous LH + LL, Bitcoin confirmed HTF CHoCH with daily close above $82,850. Expanded to $87,368.
Is $87,368 the new HH? Not yet.
For HH confirmation watching daily close above $80,108 (inducement) after current retracement develops.
If HH confirms, watching for HL reaction into:
๐น FVG: $68,883โ$65,019
๐น Bullish OB: $63,700โ$62,500
These zones = major demand areas for next leg up.
Currently rejected from bearish OB + FVG resistance: $90,585โ$84,694 ๐ป
As long as $BTC holds above FVG/OB demand zones, HTF bullish thesis intact.
CHoCH โ HH โ HL โ Continuation.
Structure first. Liquidity second. Entry on retracement.
NFA | DYOR
After breaking previous LH + LL, Bitcoin confirmed HTF CHoCH with daily close above $82,850. Expanded to $87,368.
Is $87,368 the new HH? Not yet.
For HH confirmation watching daily close above $80,108 (inducement) after current retracement develops.
If HH confirms, watching for HL reaction into:
๐น FVG: $68,883โ$65,019
๐น Bullish OB: $63,700โ$62,500
These zones = major demand areas for next leg up.
Currently rejected from bearish OB + FVG resistance: $90,585โ$84,694 ๐ป
As long as $BTC holds above FVG/OB demand zones, HTF bullish thesis intact.
CHoCH โ HH โ HL โ Continuation.
Structure first. Liquidity second. Entry on retracement.
NFA | DYOR
