$BTC has just completed a significant liquidity sweep and at $86000 is establishing a shortterm bullish structure.
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š”ļø Stronghold The chart records a bright liquidity highest density concentrated in the 86000 to 86500 usd range. Price touched this zone and bounced back strongly, confirming this as a hard support level where Buyers were waiting.
š After absorbing the liquidity at 86000, BTC rebounded towards the 88000 usd region. This price action indicates that Longs have stepped in to defend their positions and push the price up.
ā ļø Although the bullish momentum is returning, investors should keep an eye on another large liquidity band lurking below at the 84000 mark. If the 86000 level is breached in the future, the price will tend to be attracted to this 84000.
This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.
