💥 Bitcoin Flushed to $81K, Then Ripped Back to $83K in Two Hours
$81K this morning.
$83K two hours later.
Reportedly $360M in positions liquidated across the market in the last four hours.
Longs got flushed on the way down, shorts got squeezed on the way back up.
For the record, this morning we put the spring on trial at $80.3K. Price never even got there. Buyers stepped in near $81K, and the bounce cleared $82.5K, the level we said had to come back first.
But "reclaims $83K" needs an asterisk. Price tagged just over $83K and slipped back under, right into the top of the overnight range where sellers were waiting. And volume has faded with almost every candle on the way up.
On the 15-minute chart, the flush printed a selling climax and this rip looks like the automatic rally. Next usually comes a secondary test, a pullback that checks whether sellers are truly done.
Levels to watch. 🎯
Close above $83.1K, and the $83.4K to $84.3K supply is the next wall.
Fail here, and $82.3K to $82.5K is the first support.
Hold the $81K low on any retest, and that's a higher low above $80.3K, a quiet win for bulls.
Bank earnings land today and CPI tomorrow, so expect more whipsaws.
Real reclaim, or a relief rally into resistance? 🔥
Not financial advice. $BTC
$ETH
$SOL
$81K this morning.
$83K two hours later.
Reportedly $360M in positions liquidated across the market in the last four hours.
Longs got flushed on the way down, shorts got squeezed on the way back up.
For the record, this morning we put the spring on trial at $80.3K. Price never even got there. Buyers stepped in near $81K, and the bounce cleared $82.5K, the level we said had to come back first.
But "reclaims $83K" needs an asterisk. Price tagged just over $83K and slipped back under, right into the top of the overnight range where sellers were waiting. And volume has faded with almost every candle on the way up.
On the 15-minute chart, the flush printed a selling climax and this rip looks like the automatic rally. Next usually comes a secondary test, a pullback that checks whether sellers are truly done.
Levels to watch. 🎯
Close above $83.1K, and the $83.4K to $84.3K supply is the next wall.
Fail here, and $82.3K to $82.5K is the first support.
Hold the $81K low on any retest, and that's a higher low above $80.3K, a quiet win for bulls.
Bank earnings land today and CPI tomorrow, so expect more whipsaws.
Real reclaim, or a relief rally into resistance? 🔥
Not financial advice. $BTC
$ETH
$SOL