$BTC When in doubt, zoom out. After sweeping most of the local downside liquidity, price has now bounced back towards $83k. Looking at this from an HTF perspective, it simply looks like another retest of our key support level, which continues to hold for now. If the upcoming weekly close ends up being above $83k, I see no reason to be bearish at all. In fact, this would actually strengthen the bullish case for me instead. After all, the overall uptrend is still intact and the major liquidity target to the downside has been taken out. Additionally, huge amounts of fresh liquidity have started to build up above price, potentially acting as our next target. If you ask me, this sounds like the perfect narrative for another continuation to the upside.

$op Feels like an early version of $BTC Teaches you what a bear trap is

For long-term holders, a $3,000 bitcoin:native dip is still better than inflation. But are you brave enough?