$BTC might've just put in a local bottom. Today's flush was textbook — repeated sweeps of the lows, grinding out every last long, classic liquidity grab. But instead of rolling over and continuing lower, price snapped back and closed above the prior range lows. That's the tell.
If we get acceptance back inside the range — not just a wick, actual bodies holding — then upside continuation is on the table. First target is the range highs. If momentum stays clean, $87k comes back into play.
That said, structure is still bearish. If this reclaim fails and we lose these lows again, the bid vanishes fast and we're back in sell mode. So I'm watching for acceptance here before leaning long. Invalidation is clear — lose the lows, kill the trade.
If we get acceptance back inside the range — not just a wick, actual bodies holding — then upside continuation is on the table. First target is the range highs. If momentum stays clean, $87k comes back into play.
That said, structure is still bearish. If this reclaim fails and we lose these lows again, the bid vanishes fast and we're back in sell mode. So I'm watching for acceptance here before leaning long. Invalidation is clear — lose the lows, kill the trade.
