$BTC
The market is now at a decisive stage regarding #Bitcoin
Quick technical analysis on Bitcoin:
• The volume shows the entry of institutional liquidity with increased activity at demand areas, indicating an Accumulation phase before the upcoming movement.
• The RSI indicator is moving near the neutral zone (35-50) after exiting from oversold conditions, which usually precedes a technical rebound.
• The price is reacting with EMA20 and EMA50 as decision areas, and staying above them gives a signal targeting higher liquidity areas.
• According to ICT methodology, there is still unexploited liquidity above the recent peaks (Liquidity Pools) which may be the next target.
📊 The closest scenario:
Breaking through the nearby liquidity areas may push the price toward 68K – 72K, while losing support might retest 64K – 62K.
Summary: The market is in an accumulation phase before a liquidity explosion… and the next breakout will determine the true direction.