$BTC
Yesterday's daily closed with a fat upper wick — the kind that doesn't just disappear. These violent rips leave liquidity behind, and price loves coming back to sweep at least 50% of it. I'm expecting one more run at range highs before any real move lower toward $83k.
From there, watch for a quick sweep below range lows followed by a fast reclaim — classic deviation setup before continuation. But honestly, I think we chop longer first. This $83k–$87k range is only two weeks old. Ranges like this can drag for weeks, building liquidity on both sides before the real breakout.
No rush. Let it build, then take the clean setup when it shows.
Yesterday's daily closed with a fat upper wick — the kind that doesn't just disappear. These violent rips leave liquidity behind, and price loves coming back to sweep at least 50% of it. I'm expecting one more run at range highs before any real move lower toward $83k.
From there, watch for a quick sweep below range lows followed by a fast reclaim — classic deviation setup before continuation. But honestly, I think we chop longer first. This $83k–$87k range is only two weeks old. Ranges like this can drag for weeks, building liquidity on both sides before the real breakout.
No rush. Let it build, then take the clean setup when it shows.