๐ $BTC / USDT โ Structure Shows Reactive Pullback, Demand Still Intact
Currently @BTCFTW is trading around ~$67,800โ$68,000 levels after a recent correction and rebound from local lows. Overall structure is showing signs of consolidation with short-term bullish bias if demand zones hold and buyers absorb supply. (Coinbase)
Lower timeframe chart shows a clear liquidity sweep below recent support before a strong push back, indicating absorption of selling pressure. Price now needs to reclaim and hold key pivot zones to maintain upside continuation.
๐ Trade Plan (Professional)
๐ข Entry Zone (EP): 67,200 โ 67,700
๐ด Stop Loss (SL): 66,300
๐ฏ Take Profits:
โข TP1: 68,500
โข TP2: 69,800
โข TP3: 71,200
๐ Acceptance above the 68,000โ68,500 area validates continuation toward overhead liquidity at 69,800โ71,200.
Bearish invalidation occurs if price loses the 66,300 support area โ structure may then rotate deeper into correction.
๐ Technical Bias Summary
โ Liquidity absorbed after dipping into key demand zone
โ Bulls defending short-term structure
โ Buyers need reclaim above 68,000 for continuation
โ Invalid below 66,300 โ shift to range / deeper correction
Keep risk management strict โ if levels break, adapt bias accordingly.
#BTC #bitcoin #CryptoSignals #BinanceSquare #TechnicalAnalysis ๐ฌ