Breakout or Breakdown? BTC at Critical Level!
#Bitcoin is showing early bullish signs after a clean reversal from the discount zone (~$103K).
We saw a CHoCH → BOS → Retest sequence play out perfectly!
Price is now consolidating just below a key supply zone (~$106.8K). This is the Equilibrium Zone – where smart money decides the next move.
🔹 As long as BTC holds above $104.2K, we stay bullish.
🔻 BUT – if we break below $103.4K, expect a deeper pullback, and we could even see Bitcoin drop under $100K for a proper liquidity sweep.
What’s Next?
If we reclaim $106.8K with strength, the next target is the Premium Zone around $110K–$111K, where major liquidity sits!
Watch for breakout or rejection – don’t FOMO. Patience = Profits.
#Bitcoin is showing early bullish signs after a clean reversal from the discount zone (~$103K).
We saw a CHoCH → BOS → Retest sequence play out perfectly!
Price is now consolidating just below a key supply zone (~$106.8K). This is the Equilibrium Zone – where smart money decides the next move.
🔹 As long as BTC holds above $104.2K, we stay bullish.
🔻 BUT – if we break below $103.4K, expect a deeper pullback, and we could even see Bitcoin drop under $100K for a proper liquidity sweep.
What’s Next?
If we reclaim $106.8K with strength, the next target is the Premium Zone around $110K–$111K, where major liquidity sits!
Watch for breakout or rejection – don’t FOMO. Patience = Profits.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.