Bitcoin experienced a sharp sell-off, sweeping liquidity and pushing into a key demand zone around 67K.
📍 What I'm Watching: • Strong reaction from the demand area. • Buyers are attempting to defend the zone after the aggressive drop. • Short-term recovery is possible if price continues holding above support.
📊 XAUUSD (Gold) Trade Setup $USDC Price is currently reacting from a strong demand zone after a liquidity grab. Sellers pushed below support, but buyers stepped in quickly, showing signs of absorption.
🎯 Bullish Scenario: • Holding above the demand area keeps buyers in control. • Potential move toward 4528 → 4535 → 4541. • Looking for bullish confirmation before continuation.
⚠️ Risk: A strong close below the zone would invalidate the bullish idea and could open the door for further downside.
Patience is key — let the market confirm direction before execution.