$BTC — SCENARIO UPDATE 👀
The price spiked at the beginning of the month, causing liquidations of early short positions.
Now I’m watching for a possible distribution phase to clean up excessive leverage, with the $75K zone as a reference.
After that possible correction, the scenario I’m following includes a new bullish leg toward:
🎯 $95K – $100K
In addition, there’s an mFVG below the price that could be tested before the market attempts to continue higher.
📌 In summary:
• Possible correction toward the $75K zone
• Possible mFVG test
• Then, look for confirmation of a bullish continuation toward $95K–$100K
This is the scenario I’m currently watching. 👀📈
$BTC
The price spiked at the beginning of the month, causing liquidations of early short positions.
Now I’m watching for a possible distribution phase to clean up excessive leverage, with the $75K zone as a reference.
After that possible correction, the scenario I’m following includes a new bullish leg toward:
🎯 $95K – $100K
In addition, there’s an mFVG below the price that could be tested before the market attempts to continue higher.
📌 In summary:
• Possible correction toward the $75K zone
• Possible mFVG test
• Then, look for confirmation of a bullish continuation toward $95K–$100K
This is the scenario I’m currently watching. 👀📈
$BTC
