$BTC First Liquidity Box Cleared.✅
Now, it's crucial that we reclaim and hold back above the Weekly Open region.
Yesterdays dump was brutal and extremely one-sided, which created a ton of imbalance towards the upside.
So naturally, once we reclaim 82k, we should see price fill some of that imbalance.
The key S/R level remains the 82.5k-82.8k region, and ideally, we should see the current weekly candle close above it if the bottom is in.
We dumped into Friday again, which usually sets up an inverse move over the weekend.
It'll be interesting to see how PA develops over the next few 4H sessions.
Now, it's crucial that we reclaim and hold back above the Weekly Open region.
Yesterdays dump was brutal and extremely one-sided, which created a ton of imbalance towards the upside.
So naturally, once we reclaim 82k, we should see price fill some of that imbalance.
The key S/R level remains the 82.5k-82.8k region, and ideally, we should see the current weekly candle close above it if the bottom is in.
We dumped into Friday again, which usually sets up an inverse move over the weekend.
It'll be interesting to see how PA develops over the next few 4H sessions.