BTC Market Update: Bulls Regain ControlBitcoin has stabilized after a sharp corrective phase, forming a consolidation structure around the $111,000 area. Recent sessions indicate that sellers are losing dominance while buyers are quietly re-accumulating within the current range. This type of price action often appears before a potential short-term recovery move.
Market volume remains steady, and the structure shows compression—suggesting liquidity buildup below the current level. If this consolidation sustains without breaking lower, a breakout toward the $115,000–$116,000 region appears likely. A clean move beyond this zone could invite stronger bullish continuation as sidelined traders re-enter.
However, the broader trend remains cautious, as macro conditions and dollar strength could still limit momentum. Short-term traders may look for entries near the range lows with clear invalidation below $108,000. Proper risk management remains essential, targeting gradual exits around mid-range levels and scaling profits near projected resistance zones.
Btcprice
BTC → Correction phase before bullish expansionBTC/USD Report-Based Analysis
Bitcoin is currently in a corrective phase following a structured upward delivery. After showing strength early in the cycle, the market transitioned into a redistribution and consolidation zone, allowing liquidity to rebalance across both sides. This shift suggests that price is undergoing a short-term reaccumulation before the next impulsive move. The recent break of structure (BOS) indicates a temporary bearish delivery, designed to sweep liquidity below prior demand zones. Smart money appears to be collecting positions in discounted price areas, absorbing sell-side liquidity as volatility expands. The clean liquidity pockets under 116,000–114,000 levels highlight potential mitigation zones where larger participants may seek re-entry. The overall structure remains bullish on the higher timeframe. Once the current correction finalizes and liquidity is efficiently collected, BTC may resume its upward expansion, targeting premium zones near 125,000 and above. Momentum confirmation from volume and market flow will be essential for validating this transition back into a bullish delivery phase. In short, BTC is in a controlled correction, aiming to refine liquidity before reinitiating its bullish macro delivery cycle.
BTC/USD Analysis: Bullish Continuation in FocusBitcoin continues to demonstrate strength following its recent recovery. After periods of consolidation and controlled retracement, the market shows clear signs of accumulation, with buyers maintaining momentum. Each upward leg has been supported by liquidity absorption, reflecting steady confidence in higher valuations.
The current structure suggests that even if retracements occur, they are likely to serve as a foundation for further expansion. Market behavior highlights resilience, with the broader trend still pointing toward bullish continuation. Bitcoin remains positioned for progressive growth, with sentiment and structure both aligning in favor of buyers.
BTC INTRADAY SETUP - 08 OCT, 2022#BTC INTRADAY UPDATE
VOLATILITY EXPECTED: Medium
EXPECTED SCENARIO:
$BTC is again bearish on Intraday. Expecting it to consolidate today.
BULL CASE:
In case we cross INTRADAY FLIP LINE(19600$), only R1(19750$) else R2(20000$), will be tested.
BEAR CASE:
In case we stay below INTRDAY FLIP LINE, S1(19300$) else S2(19050$) is the support and hold today.
NOTE:
On higher Timeframe, BTC is failing to even go to 21500$ zone. Let's see if 19000$ holds.
On downside, 18K support should not break else a dump to 14K$ may happen..
BTCUSD a new impulse growth or completion of IHSThis is an update to recent BTC analysis.
At 4-hour timeframe we can see that the price went out of the local descending channel via impulse growth waves. Subsequent corrective Elliott ABC movements brought the price at the upper edge of the channel.
If we take a closer look it can be seen that there are several positive signs:
1. Stoch RSI moves to Oversold zone
2. EMA 20 line which was a resistance after Moving Averages intersection became a support which is great for short term
3. After consolidation the price went up again which can be evaluated as 0-1 Impulse wave and the most important is that it bounces above the critical area where this assumption will be rejected.
Conclusion: if the price manages to bounce above $4 200 then we will have a new 5 impulse growth waves. Otherwise previous analysis holds and there should be movement to finish IHS







