BITCOIN NEXT MOVE

BULL TRAP OR NEW ATH?

Bitcoin has already crossed the weekly liquidity that we were watching for a long time.

But there is still one major question:

Is this a real bullish breakout or could BTC be setting up a bull trap?

On the weekly chart, BTC is currently sitting around a major resistance zone.

This is important because fake moves often work like this:

Liquidity gets swept → resistance gets tested → market reacts → reversal begins.

If BTC fails to close above this major resistance and gets rejected, we could see a bearish reaction from here.

The next major liquidity area is around $97K, with the psychological $100K level also acting as an important historical area.

But there is another important level that cannot be ignored:

$47K

Why is $47K important?

Because this area has previously acted as a major historical level and liquidity zone.

The monthly chart also shows pending liquidity around this area.

The zone has already been tested, but the liquidity itself has not been completely swept.

That is why I still don't have enough confirmation to say that BTC is ready for a new ATH.

I've been waiting for this setup for more than 6 months and haven't entered the market since around $117K.

But remember:

Waiting doesn't mean I'm bearish.

BTC has already shifted its market structure to the bullish side.

The bullish structure is clearly visible.

However, the current resistance + pending liquidity + possible bull trap are the reasons why I'm still waiting for stronger confirmation.

My key levels:

$97K → Major liquidity
$100K → Psychological level
$47K → Major pending liquidity / historical zone

If BTC breaks and closes strongly above the current resistance, the bullish continuation becomes much stronger

But if $BTC gets rejected here and starts losing structure, the lower liquidity zones could come into play.

For me, the message is simple

DON'T CHASE THE MOVE

Wait for confirmation

A new ATH is possible, but the market still has important levels to prove first

Sometimes the best trade is simply WAITING
#BTC