$BTC is getting ready to move. As mentioned previously, I’ll be looking for scalp longs once price clears the liquidity sitting just above $76K. There is two and a half months of coiled liquidity behind this range, and we’re already seeing wicks above resistance as short positioning gets cleared. The trendline is also supporting a move higher. If the breakout confirms, the first area I’m watching for a reaction is $77.7K. Above that, I’ll be watching for a move into the $79.5K region for an underside test of the next major resistance.
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