If Bitcoin continues to rally upwards, the argument for a failed breakdown of the trend is clear. $BTC It made a sweep beneath the low and couldn't continue to fall.
Ultimately, that's because of buying demand stepping into the markets.
Additionally, it's crawling back upwards (and remember: there are no CME gaps anymore in the markets) meaning that the Weekly candles start to look better and better.
The only objective for Bitcoin to break: $66,000.
If that breaks, it probably runs quite fast to $73,000, $76,000 and possibly even $79,000.
1/ A Fair Value Gap (FVG) happens when price moves so fast in one direction, it skips a price range. No real two-way trading happened there — just one-sided aggression. $SOL 2/ The 3-candle pattern: 🟢 Candle 1 → 🟢/🔴 Candle 2 (big move) → 🟢 Candle 3 The "gap" = the space between Candle 1's wick and Candle 3's wick that Candle 2 jumped over.
Bullish FVG: gap left behind on a strong push UP Bearish FVG: gap left behind on a strong push DOWN
3/ Why it matters: price is inefficient there. No real buyers/sellers fought it out. Smart money often returns later to "fill" that gap — rebalancing price before continuing the trend. $BTC 4/ How we use it: → Bullish FVG below price = potential demand zone, watch for reaction on retest → Bearish FVG above price = potential supply zone, watch for rejection on retest
5/ Real example right now: BTC has an unfilled daily bearish FVG sitting between $67,500–$70,500. Price already tried to recover into it once and got rejected. That zone is still "owed" a reaction — until it's filled or invalidated, it stays on our radar.
6/ Key rule: FVGs aren't auto-trade signals. They're zones of interest. You still wait for confirmation (rejection wick, BOS, CHoCH, volume) before acting. $BULLA #FVG #CrudeFuturesSink #crypto #analysis #Binance
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