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BTC Mid-Term Outlook
$BTC has been trending higher since the bounce from $65k, gaining nearly 30% without seeing a meaningful pullback. Now, the trend is beginning to show early signs of exhaustion.
After retesting the previous breakdown zone between $80k–$84k, price faced a mild rejection and is slowly pushing back toward the highs of the prior range. This area also aligns with the monthly open and the 0.5 Fib level of the current move, making it a key region to watch.
At the same time, a large pool of liquidity has formed below the $75k lows, increasing the chances of another sweep into that area before any larger continuation.
If BTC revisits that zone and buyers successfully defend the grey box, the market could still see another leg higher afterward. But if support fails, BTC would likely re-enter the previous range and start targeting the downside liquidity built up throughout this rally.
#Blazx #BTC #Bitcoin $BTC