$BTC is currently caught between a few liquidity zones, and the price action still looks cautious.
$BTC
After the previous high around $87.3K, BTC has been forming lower highs, which keeps the possibility of another move lower on the table. I’m watching the $80K area closely as a potential zone before any stronger reversal attempt.
BTC is also trading inside a higher-timeframe FVG created during the drop from the $125K area. As long as price holds this imbalance, the broader bullish structure remains intact.
The key level for me is $80K. A clean break below it could change the current setup and open the door to further downside.
For now, I’m watching the reaction around $80K rather than chasing the move. 📊
#BTC #BinanceSquare
$BTC
After the previous high around $87.3K, BTC has been forming lower highs, which keeps the possibility of another move lower on the table. I’m watching the $80K area closely as a potential zone before any stronger reversal attempt.
BTC is also trading inside a higher-timeframe FVG created during the drop from the $125K area. As long as price holds this imbalance, the broader bullish structure remains intact.
The key level for me is $80K. A clean break below it could change the current setup and open the door to further downside.
For now, I’m watching the reaction around $80K rather than chasing the move. 📊
#BTC #BinanceSquare
