$BTC Bullish momentum building after sharp liquidity sweep and fast reclaim of key intraday support.



I’m seeing a classic volatility expansion after a downside flush toward 66K that immediately attracted aggressive buyers. Price wicked deep, trapped late shorts, and then reclaimed the mid-range within hours. That kind of reaction tells me bids are sitting below and smart money defended the zone.

On the 1H structure, we printed a higher low after the 65.6K sweep and then pushed into 68.3K. Even after rejection from that high, price did not break structure. Instead, it formed a fast V-recovery candle with strong body strength. That shows absorption, not distribution.

Right now we’re rotating around 67.5K–67.8K, which is mid-range. If this base holds, expansion toward the range high is very possible.

I’m positioning for continuation, not collapse.

Market Read:
I’m seeing liquidity taken below 66K, immediate reclaim, and higher low formation. Momentum is rebuilding while sellers failed to press new lows. As long as 66.8K holds, buyers control short-term structure.

Entry Point:
I’m interested in 67,200 – 67,500 on minor pullbacks and consolidation holds.

Target Point:
TP1: 68,300
TP2: 69,200
TP3: 70,500

Stop Loss:
66,400 (below intraday higher low and structure invalidation)

How it’s possible:
If price holds above reclaimed liquidity and continues printing higher lows, trapped shorts will fuel upside through forced covering. Break above 68.3K opens thin liquidity pocket toward 69K+. Momentum plus short squeeze can accelerate the move quickly.

Risk is defined. Structure is clean. Volatility is expanding.

I’m ready for continuation.

Let’s go and Trade now $BTC
BTC1,82%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)