$BTC Bitcoin printed equal lows (EQL) in the $76K zone, creating an obvious liquidity pool below a prior consolidation range. Price swept below that level during the May 17–20 selloff, triggering stop-hunts before sharply reversing — a classic liquidity grab consistent with smart money accumulation.
The subsequent 4H candle structure printed a Change of Character (CHoCH), flipping bearish order flow to bullish and confirming the sweep was not a genuine breakdown. Price is currently consolidating just above the entry zone near $76,422, building a base before the expected move higher.
The immediate target is the $$$$ sell-side liquidity cluster at $78,516, which aligns with the prior consolidation ceiling. A clean break and hold above that level opens the path to TP2 at $80,338 (the last swing high) and ultimately the TP3 extension at $81,974, which marks the upper boundary of the demand zone from early May.
☆SIGNAL;
Entry: $76,422 — post-CHoCH retest of the demand zone
Stop Loss: $74,810 — below the strong low (full invalidation)
TP1: $78,516 — sell-side liquidity cluster / prior ceiling
TP2: $80,338 — last major swing high (primary target)
TP3: $81,974 — upper demand zone boundary / extension
Risk/Reward: ~4.5R to TP2
☆CONFLUENCE;
Equal lows swept + CHoCH confirmed on 4H
Strong Low structure remains intact below entry
Two visible liquidity ($$$) pools above acting as magnet
Clean invalidation level keeps the trade well-defined
☆INVALIDATION;
4H close below $74,810 cancels the thesis. Expect re-test of $72K–$73K if that level fails.