Bitcoin | Structure & Liquidity ⚡
BTC is trading near 80K (around $80,411, -0.89% in 24h), in a bearish short-term structure.
Structure
Weekly close below 83K and a false breakout on October 25. Some analyses mark a rejection at an FVG in the 84.4K–84.8K zone, with selling momentum since then. BTC is trading below several short-term moving averages and the daily MACD remains negative.
Liquidity
Around $800M in longs were liquidated when price briefly broke 80K. The market swept the sell-side liquidity below that level. Spot ETFs saw a $635M outflow on October 22, but inflows of $301M have since returned. Flows are still mixed. The Kalshi prediction market sees a possible low near 78K this month. That's the next liquidity pool below.
Levels
🔻 Support: 80K → 78K 🔺 Bearish invalidation: recovery and close above 83K
Bias: while price stays below 83K, I see risk of another liquidity grab toward 78K. A quick sweep with a strong reaction could offer a recovery entry. I'm waiting for confirmation on a lower timeframe. 👀
Personal analysis, not financial advice. DYOR.
#Bitcoin #BTC #SMC #Liquidity #BinanceSquare
BTC is trading near 80K (around $80,411, -0.89% in 24h), in a bearish short-term structure.
Structure
Weekly close below 83K and a false breakout on October 25. Some analyses mark a rejection at an FVG in the 84.4K–84.8K zone, with selling momentum since then. BTC is trading below several short-term moving averages and the daily MACD remains negative.
Liquidity
Around $800M in longs were liquidated when price briefly broke 80K. The market swept the sell-side liquidity below that level. Spot ETFs saw a $635M outflow on October 22, but inflows of $301M have since returned. Flows are still mixed. The Kalshi prediction market sees a possible low near 78K this month. That's the next liquidity pool below.
Levels
🔻 Support: 80K → 78K 🔺 Bearish invalidation: recovery and close above 83K
Bias: while price stays below 83K, I see risk of another liquidity grab toward 78K. A quick sweep with a strong reaction could offer a recovery entry. I'm waiting for confirmation on a lower timeframe. 👀
Personal analysis, not financial advice. DYOR.
#Bitcoin #BTC #SMC #Liquidity #BinanceSquare