$BTC


Liquidity is building just above the higher timeframe SR level around 78.6k. I’m watching for a liquidity sweep of that level, followed by lower timeframe rejection, which would provide a short trigger. Price is now trading back below the range highs, so a bounce from the daily 12/21 EMA support could precede a move higher into that sweep.
Alternatively, price may continue to follow the prior price action, where a bear flag formed, tapped the weekly 21 EMA, and was followed by an impulsive move to the downside. Current price action is closely tracking that fractal.
BTC-2.19%
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