#BTC Daily Analysis
Price is currently executing the anticipated relief bounce, but there is a structural nuance to note. The dip below $65.1k occurred earlier than expected.
This early sweep acted as a strong liquidity grab, providing extra fuel for the current rally. Because of this added momentum, it is possible this bounce pushes past the immediate $67.5k CHoCH level to test the upper Daily FVG (DFVG) near $70,000 before exhausting.
The Outlook:
Whether the rejection happens here at $67.5k or pushes higher into the $70k DFVG, this entire region acts as premium resistance. The structural expectation remains a lower high, with the ultimate draw on liquidity still targeting the unmitigated pool between $62,500 and $65,000.
Invalidation:
A clean Daily close above the $70,000 resistance block invalidates the downside thesis.
@cryptosignals
Post #6772
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Crypto Signals #BTC Weekly Update Evaluating current price action, I am leaning bearish for the upcoming week. Last week, the market swept buy-side liquidity above $74,050 and broke structure downward (CHoCH), shifting into a clear sell program. This week was simply a…
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