$BTC consolidated during the Asian session after sweeping liquidity below $80K.
That’s a reasonable reaction after the volatility we saw during the NY session, and my plan for today is pretty straightforward.
I’m still holding my long from yesterday’s sweep, as shared earlier, and I’m looking for another push higher from here.
Price is sitting in the middle of the range right now, so I’d rather wait for it to reach a clear POI before making the next move.
For potential shorts, I’m watching the $83K+ and $85K regions for bearish confirmation.
I’d be cautious around $83K, though. Friday profit-taking can get unpredictable and potentially push price higher first.
The $85K region is my preferred short POI, especially after a sweep above the $84K buy-side liquidity and a clear bearish trigger.
If you’re not already long, I’d wait for a pullback toward $80.9K. There’s a 1H FVG around that area, although it has already been balanced, so price might not revisit it today.
For now, $80.9K is the main area I’d watch for potential long entries, with confirmation before taking a position.
#USSeptemberPPIRisesTo6.3%
That’s a reasonable reaction after the volatility we saw during the NY session, and my plan for today is pretty straightforward.
I’m still holding my long from yesterday’s sweep, as shared earlier, and I’m looking for another push higher from here.
Price is sitting in the middle of the range right now, so I’d rather wait for it to reach a clear POI before making the next move.
For potential shorts, I’m watching the $83K+ and $85K regions for bearish confirmation.
I’d be cautious around $83K, though. Friday profit-taking can get unpredictable and potentially push price higher first.
The $85K region is my preferred short POI, especially after a sweep above the $84K buy-side liquidity and a clear bearish trigger.
If you’re not already long, I’d wait for a pullback toward $80.9K. There’s a 1H FVG around that area, although it has already been balanced, so price might not revisit it today.
For now, $80.9K is the main area I’d watch for potential long entries, with confirmation before taking a position.
#USSeptemberPPIRisesTo6.3%