#Bitcoin has been consolidating in a tight range for the past few hr, and yesterday we saw a sharp move down that helped flush out some overleveraged LONG positions.
Right now, #BTC is holding above the $79.2K–$79.5K support zone, but I’m expecting one more liquidity sweep around $78.5K–$78.6K before the next major move.
If $BTC sweeps this liquidity and holds the zone, I’ll be looking for a strong upside move.
The overall structure still looks BULLISH to me, and I’m still holding my swing LONGs with expectations of a move toward a new high
For now, patience. Let the liquidity get taken and watch the reaction from the key zone.
We'll update you immediately if there is any major change in market structure or sentiment.
NO EMOTIONS. ONLY CHARTS & PSYCHOLOGY.
By @Cryptorian_Bull
