Hello Traders,
Bitcoin remains in a local trading range, with price rejecting from the range high after a liquidity sweep. An oversold bounce is now testing resistance, and failure to reclaim the range high could trigger a move toward the range low.
• Price tapped the range high, swept liquidity, and dropped back into the range.
• An oversold bounce is retesting resistance—failure here could lead to the range low.
• Liquidity remains below the range low; a sweep and reclaim could confirm a reversal.
Until then, Bitcoin is likely to remain in a rotational structure, requiring patience for high-probability trade setups.
Bitcoin remains in a local trading range, with price rejecting from the range high after a liquidity sweep. An oversold bounce is now testing resistance, and failure to reclaim the range high could trigger a move toward the range low.
• Price tapped the range high, swept liquidity, and dropped back into the range.
• An oversold bounce is retesting resistance—failure here could lead to the range low.
• Liquidity remains below the range low; a sweep and reclaim could confirm a reversal.
Until then, Bitcoin is likely to remain in a rotational structure, requiring patience for high-probability trade setups.
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Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
partner.blofin.com/d/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.