Bitcoin recently dipped toward the $98K zone, sweeping liquidity just below the psychological $100K support. That move likely cleared leveraged longs and triggered stop hunts — a classic liquidity grab setup.
Currently, BTC has regained above the 100K handle, suggesting strength and possible continuation toward the $106K–$108K liquidity pocket, where upside stops may rest.
My short-term bias:
Longs: Possible but risky here — prefer entries near 99K–100K with tight stops.
Shorts: Avoid shorting now; better to wait for the market to reach 106K–108K and show exhaustion or reversal signs before entering.
If BTC forms a double bottom around 98K, it could be a solid accumulation signal for another leg up.
However, a clean break below 98K would open downside liquidity toward the 90K zone — the next significant support area.
📈 Plan Summary:
Long bias until 106K–108K
Watch for liquidity sweep at highs
Potential double bottom near 98K
Breakdown confirmation → Target 90K
Patience is key — let liquidity guide your next move.
#Bitcoin #BTCAnalysis #CryptoMarket
Currently, BTC has regained above the 100K handle, suggesting strength and possible continuation toward the $106K–$108K liquidity pocket, where upside stops may rest.
My short-term bias:
Longs: Possible but risky here — prefer entries near 99K–100K with tight stops.
Shorts: Avoid shorting now; better to wait for the market to reach 106K–108K and show exhaustion or reversal signs before entering.
If BTC forms a double bottom around 98K, it could be a solid accumulation signal for another leg up.
However, a clean break below 98K would open downside liquidity toward the 90K zone — the next significant support area.
📈 Plan Summary:
Long bias until 106K–108K
Watch for liquidity sweep at highs
Potential double bottom near 98K
Breakdown confirmation → Target 90K
Patience is key — let liquidity guide your next move.
#Bitcoin #BTCAnalysis #CryptoMarket
FOLLOW MY TELEGRAM CHANNEL FOR FREE : bit.ly/3JfrpgV
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
FOLLOW MY TELEGRAM CHANNEL FOR FREE : bit.ly/3JfrpgV
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.