$BTC
The liquidity at the lows got raided multiple times.
But towards the upside, we keep front-running the sweep. Which makes sense given that we're in a bull market, and the more resting liquidity there is towards the upside, the more violent the push will be.
The buyback on the last daily candle was pretty strong, and we closed somewhat like a bullish hammer. Now, if we keep holding above this 81.5k-81.1k region, it will confirm the local bottom for now.
Towards the upside, we need to reclaim the Mid-Range S/R, which sits around the 84.3k region. If we manage to do so, we'll likely trend into a new high from here. #BTC Price Analysis# #Macro Insights#
The liquidity at the lows got raided multiple times.
But towards the upside, we keep front-running the sweep. Which makes sense given that we're in a bull market, and the more resting liquidity there is towards the upside, the more violent the push will be.
The buyback on the last daily candle was pretty strong, and we closed somewhat like a bullish hammer. Now, if we keep holding above this 81.5k-81.1k region, it will confirm the local bottom for now.
Towards the upside, we need to reclaim the Mid-Range S/R, which sits around the 84.3k region. If we manage to do so, we'll likely trend into a new high from here. #BTC Price Analysis# #Macro Insights#