Bitcoin AMD for London Session - LONG

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We are currently observing a typical Accumulation-Manipulation-Distribution (AMD) entry model to support a bullish bias for Bitcoin in the upcoming hours (London Session).

At present, price action appears to be in an accumulation phase. We anticipate a potential liquidity sweep of a key swing low , specifically, the previous day’s low (PDL), which aligns with a Point of Interest (POI): an unmitigated H1 order block.
Sell-side liquidity from the previously established dealing range has already been swept, indicating that a manipulation phase may be underway.

Based on this structure, we can reasonably expect a price movement toward the 0.618 Fibonacci retracement level of the prior range.

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Feragatname

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