Bitcoin has made a strong bullish push, but look closely — price just tapped into a **major breaker block zone** around **$116K**, the same area that triggered the last heavy sell-off.
This move appears to be a **classic liquidity sweep**, grabbing buy-side liquidity resting above previous highs before showing signs of exhaustion. Smart money may be using this area to fill short positions.
📊 **Technical Breakdown:**
* **Liquidity Sweep:** Price took out the highs before reacting.
* **Breaker Block:** The last bullish candle before the strong drop now acts as resistance.
* **Market Structure:** BTC is still in a **bearish structure**, and this recent rally looks like a retracement into the **premium zone**.
* **Imbalance Below:** A clean imbalance is left open toward the **$112K–$111K** area — a possible magnet for price.
📍 **Key Zones:**
* **Supply Zone:** $116,000–$116,700
* **Target:** $112,000 → $111,700
* **Invalidation:** A clean breakout above $116,800
🧩 **Bias:** Short-term bearish while below $116,800 — expecting a potential correction as price reacts off the breaker block.
This move appears to be a **classic liquidity sweep**, grabbing buy-side liquidity resting above previous highs before showing signs of exhaustion. Smart money may be using this area to fill short positions.
📊 **Technical Breakdown:**
* **Liquidity Sweep:** Price took out the highs before reacting.
* **Breaker Block:** The last bullish candle before the strong drop now acts as resistance.
* **Market Structure:** BTC is still in a **bearish structure**, and this recent rally looks like a retracement into the **premium zone**.
* **Imbalance Below:** A clean imbalance is left open toward the **$112K–$111K** area — a possible magnet for price.
📍 **Key Zones:**
* **Supply Zone:** $116,000–$116,700
* **Target:** $112,000 → $111,700
* **Invalidation:** A clean breakout above $116,800
🧩 **Bias:** Short-term bearish while below $116,800 — expecting a potential correction as price reacts off the breaker block.
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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.