$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 ‌
BTC-1,93%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin