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
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FOLLOW MY TELEGRAM CHANNEL FOR FREE : bit.ly/3JfrpgV
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.