$BTC spent weeks building short liquidity above $83K, then cleared most of it within a few days. Now the market is turning its attention to the longs left behind. The 4H bull flag has lost its $85K base, putting the liquidity between $81K and $83K back in play. We're now likely to see the real test. Hold the breakout region and this is simply Bitcoin rebalancing the squeeze before another move higher. Lose it, and the chart opens the door for a deeper rotation back into the $70Ks.
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