Loading up a heavy LONG position on $BTC right here.
TP: $84,830
SL: $83,480
What makes this LONG setup so compelling on BTC?
That deep rejection wick under the recent support was a calculated sweep. Panic stops from late buyers got hunted, price flushed them out, and $BTC bounced back above key levels almost instantly.
That swift recovery shifts the entire dynamic.
Bottom liquidity has been completely swept. Aggressive short sellers are now feeling overconfident after the dip, leaving a massive pool of liquidity resting higher around $84,800.
That upper zone is exactly where $BTC looks headed next.
Over-leveraged longs got wiped out first. Now, I'm watching for the shorts to become the next target. Loading up a heavy LONG position on $BTC right here.
TP: $84,830
SL: $83,480
What makes this LONG setup so compelling on BTC?
That deep rejection wick under the recent support was a calculated sweep. Panic stops from late buyers got hunted, price flushed them out, and $BTC bounced back above key levels almost instantly.
That swift recovery shifts the entire dynamic.
Bottom liquidity has been completely swept. Aggressive short sellers are now feeling overconfident after the dip, leaving a massive pool of liquidity resting higher around $84,800.
That upper zone is exactly where $BTC looks headed next.
Over-leveraged longs got wiped out first. Now, I'm watching for the shorts to become the next target.
#SP500AndNasdaqHitRecordHighs #DubaiVARAIssuesReserveAssetAuditCircular #SECApproves3XBitcoinETF