BTC/USD is maintaining a clear bullish market structure on the 4H timeframe despite the recent sharp pullback. Price previously reacted strongly from the floor area, formed higher highs, and respected the last low, confirming overall buyer dominance.
The move down appears to be a liquidity sweep and corrective retracement from the sell area rather than a trend reversal. As long as price holds above the marked support and last low zone, the market remains bullish, with high probability of an upside continuation.
This zone presents a potential buy-the-dip opportunity, where smart money typically re-enters before the next impulsive move. A strong reaction from this area could lead to a push toward previous highs and beyond.
Key Highlights:
Bullish structure intact
Liquidity grab from sell area
Strong floor & last low support
Upside continuation expected...
