$BTC Update

Well, here’s why I think the next move for BTC could be bullish.

On the green arrow, you can clearly see that BTC closed a key GAP level, which usually gives a strong reaction and we already saw that bounce.

On the yellow arrow, there is still liquidity left behind and an unfinished fill around the 95k area.

That liquidity often gets targeted before the next bigger move.

Now the final indicator for me:

If BTC closes the Daily candle above 90k, it breaks a major resistance (orange line). That’s the level that needs to flip to unlock bullish continuation.

Orderflow also supports this idea there are a lot of open Short positions stacked in that low region, which could easily lead to a squeeze if price starts pushing upward.

For now, the main focus is simple:

The Daily Close above 90k or not.