$BTC bullish liquidity sweep setup — I’m watching a classic downside trap forming on 1H.
I’m seeing price reject 68,698 and roll over with strong red momentum, then sweep liquidity at 67,190. That low printed with a sharp wick and immediate bounce. Sellers pushed, but they failed to extend below that level with continuation. That tells me weak hands likely got flushed.
Market read:
– Lower high formed near 68.1–68.4 zone.
– Clean liquidity sweep at 67,190.
– Reaction bounce forming higher low structure on micro timeframe.
– Volatility expansion followed by compression.
I’m not interested in shorting into support. I’m watching for reclaim confirmation.
Entry Point:
Aggressive: 67,450–67,600 on bullish 1H continuation.
Conservative: Break and close above 68,100 (structure shift level).
Target Point:
TP1: 68,100
TP2: 68,700
TP3: 69,300
Stop Loss:
Below 66,900 (below sweep low and invalidation zone).
