If you're still panic-selling every wick under $80k, stop now.
Most traders get chopped up in this range because they treat a liquidity sweep like a trend reversal and exit right before the move they actually wanted.
I've got two maps for the next few weeks on $BTC . The base case is one more sweep below $80k that clears leftover long liquidity, then an expansion higher and a break out of this range. The other path, which I see as less likely, is a deeper pullback that retests the initial breakout near $75k, where max pain to the downside sits. Both can look identical at the start, which is why people keep buying the local high and dumping the local low.
I lean toward the sweep-and-go scenario. A clean failure through $75k would force a rethink, but until price actually lives there, fading every dip has been the expensive habit.
Are you positioned for a quick liquidity grab under $80k, or do you think $BTC needs that $75k retest first?
#Bitcoin #BTC #Crypto
Most traders get chopped up in this range because they treat a liquidity sweep like a trend reversal and exit right before the move they actually wanted.
I've got two maps for the next few weeks on $BTC . The base case is one more sweep below $80k that clears leftover long liquidity, then an expansion higher and a break out of this range. The other path, which I see as less likely, is a deeper pullback that retests the initial breakout near $75k, where max pain to the downside sits. Both can look identical at the start, which is why people keep buying the local high and dumping the local low.
I lean toward the sweep-and-go scenario. A clean failure through $75k would force a rethink, but until price actually lives there, fading every dip has been the expensive habit.
Are you positioned for a quick liquidity grab under $80k, or do you think $BTC needs that $75k retest first?
#Bitcoin #BTC #Crypto