$BTC Daily Update
The liquidity sweep below 59k has now been completed, and more importantly, price is holding back above the range low.
For now, the structure remains intact.
✔️ Sell-side liquidity taken
✔️ Daily close reclaimed
✔️ DXY sitting at a major resistance
✔️ Short squeeze potential building
As long as BTC continues to defend this region, my higher-timeframe target remains unchanged: 73k+.
A pullback into the 59.7k area would be of interest for adding exposure, provided structure remains healthy.
The market finally got the panic it needed.
Now let's see if it gets the squeeze nobody expects.
The liquidity sweep below 59k has now been completed, and more importantly, price is holding back above the range low.
For now, the structure remains intact.
✔️ Sell-side liquidity taken
✔️ Daily close reclaimed
✔️ DXY sitting at a major resistance
✔️ Short squeeze potential building
As long as BTC continues to defend this region, my higher-timeframe target remains unchanged: 73k+.
A pullback into the 59.7k area would be of interest for adding exposure, provided structure remains healthy.
The market finally got the panic it needed.
Now let's see if it gets the squeeze nobody expects.