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$BTC swept downside liquidity below 66,000, taking weak longs and triggering stops before stabilizing and forming a short term higher low on lower timeframes. Price reclaimed intraday support which signals absorption and controlled positioning by buyers. Structure now shows a clean HL with buyers defending the reclaim zone, suggesting continuation toward the next liquidity cluster above. As long as price holds the reclaim area, momentum should grind higher with controlled pullbacks while targeting resting liquidity near the prior distribution range.
EP
66,000 – 66,400
TP
TP1 67,200
TP2 68,400
TP3 69,800
SL
65,200
Let’s go $BTC