📉 Bitcoin Daily 📈
$BTC bounced from 2024 close confirming channel bottom. This move took it to 97700 which is the top of the range now. Middle of the range correlates with bullish breaker / OB at ~94450 - that is the area we should watch for the next dip and reaction.
Reminder - range remain the range until broken. So while within this channel we trade the channel. No forecasts, no bias, just simple stupid ping pong profit.
But general bias switched to highly bullish. That means that shorting possess high risk. Longs take less risk, although you can't be sure of the dips and length they reach.
🕳 CME Gaps Update:
• Day gap remains open: 96455 – 96885 — small but strong magnet
• 4H gaps below: 88320 / 88400 / 80885 — less reliable than daily, but still likely future targets
🎯 Key Levels to Watch:
• Above: 97865 / 98550 / 101300 / 102380
• Below: 95500 / 94971 / 94125 / 93550
🔥 #Bitcoin Liquidation Heatmap:
• Above: 97450 / 98017 / 98423
• Below: 96068 / 95093 / 94037