$BTC | My Current Market Thesis
BTC is trading around $84.1K and the big question is what comes next.
On the lower timeframes, we’re heading into the weekend with the 28–30th reversal window approaching. My read is that we could see a weekend push higher before a possible rejection and pullback around the start of next week.
On the higher timeframe, month-end structure is getting interesting.
There’s still a monthly FVG below price that could be revisited before the next major move. Liquidity also appears to be building around the $78K area and below $75K.
A sweep into those levels around the monthly open could happen before BTC decides on its next larger move.
For now, I’m watching the reaction around liquidity rather than blindly chasing the pump.
#BTC #bitcoin #crypto #Rivencoin
BTC is trading around $84.1K and the big question is what comes next.
On the lower timeframes, we’re heading into the weekend with the 28–30th reversal window approaching. My read is that we could see a weekend push higher before a possible rejection and pullback around the start of next week.
On the higher timeframe, month-end structure is getting interesting.
There’s still a monthly FVG below price that could be revisited before the next major move. Liquidity also appears to be building around the $78K area and below $75K.
A sweep into those levels around the monthly open could happen before BTC decides on its next larger move.
For now, I’m watching the reaction around liquidity rather than blindly chasing the pump.
#BTC #bitcoin #crypto #Rivencoin
