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CryptoZeno

$BTC Lower soon.



After a short deviation above the range highs, where price pushed toward $81.3K, BTC has now found acceptance back inside the range.

Price then retested the upper boundary of the range and is currently getting rejected.

The scenario I’m expecting next is a pullback toward the range lows to clear some of the liquidity that has started to build below.

If LTF structure flips bearish again, I’ll likely also look for a short scalp targeting $76K and potentially lower
BTC-2.02%
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PegWatcher
· an hour ago
This idea is pretty clear. Sweeping liquidity at the lower end of the retest range is indeed common, but the risk is that it could drop straight down without looking back, so be careful with your limit orders.
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MemeChronicle
· an hour ago
Bro, your bearish take at this level makes some sense, but if that fake breakout at 81K lured all the shorts in, then reclaiming the range now could instead mean the bulls are building momentum. I just feel that going straight to 76K would be a little too easy; we need to guard against a deep V.
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