Bitcoin has absorbed the liquidity from above, and now it just needs to decide which area to clear first.
Above the current price, there’s only one remaining zone:
$78K – $80K
And below the current price:
$73K – $75K
$69K – $71K
This means $BTC is now between three distinct zones.
It has absorbed liquidity from above and may now return to test the liquidity below.
And the question that’s driving the chart:
Will it continue to $80K, or will it pull back to test $73K first and perhaps $69K afterward?
Which zone will it hit first?
Above the current price, there’s only one remaining zone:
$78K – $80K
And below the current price:
$73K – $75K
$69K – $71K
This means $BTC is now between three distinct zones.
It has absorbed liquidity from above and may now return to test the liquidity below.
And the question that’s driving the chart:
Will it continue to $80K, or will it pull back to test $73K first and perhaps $69K afterward?
Which zone will it hit first?
