$BTC Looks like we might head lower.



Price has swept the liquidity that was resting above the previous high and got rejected immediately after.

BTC is now down roughly 3% since the sweep, and it currently looks like this pullback might continue.

The $62K–$61K area, which was front-run last time, still remains our main target to the downside.

I believe that as long as we don’t see a strong increase in spot demand, this liquidity will get taken out soon.

And if that happens, this will be the main area to watch for possible longs. Depending on the reaction once price reaches this level, I’ll decide whether or not I will add to my already-running swing long.
BTC0.33%
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