#Bitcoin price broke below mO and swept the equal lows around 74.9k.

Most of the downside liquidity has now been taken, and price is sitting at a strong support zone.

A large number of longs have already been flushed out, while late shorts are starting to pile in at these levels.

Historically, setups like this often lead to a local bottom followed by a relief bounce.

Because of that, I’m expecting a bounce or re-test toward the 78k–80k region.

There’s also a significant amount of liquidity resting above 78k, which makes that area a likely target on any recovery move.

Beyond that, heavy liquidity remains above the mH at 82.8k, which could be tapped if BTC manages to reclaim and hold above 80k.

On the lower timeframes, there are no major support levels visible, although price could still extend lower into the 73k–73.5k range to sweep remaining liquidity first.