Getting worn out by Bitcoin’s wicks sweeping both sides? This move will most likely go after the liquidity around 84,300!
Let’s talk about BTC today. On the 4-hour chart, it’s still classic range-bound action, with bulls and bears pulling back and forth. Volume is clearly lacking, and no one-way trend has emerged.
Keep these key levels in mind:
📍 Support: 81,300 (short-term defense), secondary support at 80,300 (structural floor)
📍 Resistance: 83,300 (a breakout is needed to open up room), strong resistance at 84,300 (liquidity target)
Market outlook and scenario:
The overall range-bound structure remains unchanged. This move is quite likely to push higher and sweep the liquidity above 84,300. If it breaks out on strong volume and holds, the next target is around 87,000.
But note: if the candle body breaks below 80,300, the range structure will be invalidated, and price will most likely continue lower in search of liquidity.
Trading idea:
If price pulls back into the 80,300–81,300 range and holds, you could try a long, targeting 84,200.
If price stalls under pressure near 84,300, you could try a small short position.
Risk management: If the level breaks, use a strict stop-loss—never hold onto a losing position.
The market right now is testing everyone’s patience, with both bulls and bears waiting for a direction. Are you holding a long or a short? Let’s discuss in the comments.
$BTC
Let’s talk about BTC today. On the 4-hour chart, it’s still classic range-bound action, with bulls and bears pulling back and forth. Volume is clearly lacking, and no one-way trend has emerged.
Keep these key levels in mind:
📍 Support: 81,300 (short-term defense), secondary support at 80,300 (structural floor)
📍 Resistance: 83,300 (a breakout is needed to open up room), strong resistance at 84,300 (liquidity target)
Market outlook and scenario:
The overall range-bound structure remains unchanged. This move is quite likely to push higher and sweep the liquidity above 84,300. If it breaks out on strong volume and holds, the next target is around 87,000.
But note: if the candle body breaks below 80,300, the range structure will be invalidated, and price will most likely continue lower in search of liquidity.
Trading idea:
If price pulls back into the 80,300–81,300 range and holds, you could try a long, targeting 84,200.
If price stalls under pressure near 84,300, you could try a small short position.
Risk management: If the level breaks, use a strict stop-loss—never hold onto a losing position.
The market right now is testing everyone’s patience, with both bulls and bears waiting for a direction. Are you holding a long or a short? Let’s discuss in the comments.
$BTC