This is the $BTC weekly chart. Even if $BTC touches 84.0K–84.45K, I would consider it only a liquidity sweep. If you look at $Ethereum, $ETH has already swept its previous high, while $BTC hasn’t done so yet. So, if $BTC reaches the 84.0K–84.45K area, sweeps liquidity, and then gets rejected, I expect the market to dump from there. For me, 84.0K–84.45K would be an interesting area to look for a short. However, if $BTC holds above this zone, then the structure could shift bullish. Otherwise, $BTC is still trading within the same range.
Abid JafferyShare
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