$BTC -1.8% DROP, BUT THE HIGHER LOW IS STILL HOLDING — BULLS HAVE NOT LOST CONTROL
My bias remains bullish on the 1H as long as BTC protects the 77706 area. The daily structure supports the upside, but the weekly trend is still bearish, so this remains a counter-trend bounce until BTC proves strength with a clean reclaim.
The setup I’m watching:
Entry Zone: 77700–77850
Liquidity Sweep: 77706 / 77528
Confirmation: 15M bullish shift + pin/engulfing from demand + reclaim above 78030
Upside targets:
TP1: 78636
TP2: 79320
TP3: 79737 liquidity edge
I do NOT want to blindly bid the dip. I want to see sellers swept, buyers step in, and price reclaim the key level with confirmation.
Volume is currently extremely quiet at around 0.15x, so 79737 is a stretch target unless momentum and volume expand.
My bias remains bullish on the 1H as long as BTC protects the 77706 area. The daily structure supports the upside, but the weekly trend is still bearish, so this remains a counter-trend bounce until BTC proves strength with a clean reclaim.
The setup I’m watching:
Entry Zone: 77700–77850
Liquidity Sweep: 77706 / 77528
Confirmation: 15M bullish shift + pin/engulfing from demand + reclaim above 78030
Upside targets:
TP1: 78636
TP2: 79320
TP3: 79737 liquidity edge
I do NOT want to blindly bid the dip. I want to see sellers swept, buyers step in, and price reclaim the key level with confirmation.
Volume is currently extremely quiet at around 0.15x, so 79737 is a stretch target unless momentum and volume expand.