"BTC’s Liquidity Grab: Is the Bull Ready to Charge?"🧠 Key Observations:
Break of Structure (BOS):
Multiple BOS levels confirm shifts in market structure from bullish to bearish and back.
The latest BOS near the support zone suggests a possible shift from bearish to bullish trend.
Support & Resistance Zones:
Resistance marked near the 120,241 level, which is also the target zone.
Support is clearly respected around the 114,898 level with price reacting strongly near the equal lows.
Liquidity Hunt:
Price swept the sell-side liquidity below the equal lows around 114,000 and bounced.
This indicates smart money might have collected liquidity before pushing the price higher.
Bearish FVG (Fair Value Gap):
A bearish imbalance around the 117,000 zone acted as a resistance during the previous rally.
Price might revisit this area for a mitigation before continuation to the upside.
Volume Profile (left side):
High volume nodes indicate significant trading interest in that region, confirming key price acceptance zones.
🎯 Expected Move:
If price sustains above the support zone and confirms bullish intent with higher highs, we may see a move towards the target at 119,637 – 120,241 zone.
📌 Conclusion:
Market has potentially formed a liquidity grab and BOS, signaling a bullish reversal. If this structure holds, BTCUSD could target the resistance area. However, if the price breaks below 114,000 again, it might invalidate this bullish setup.
