📉 Bitcoin Daily 📈

Higher Timeframe Zoom-Out Review

I've extended the previously formed channel up to the current price action — the lower boundary may have shifted, but the top remains the same. So far, BTC hasn’t even wicked into the liquidity zone above, so no breakout attempt has happened yet. What can we expect here?

• $BTC might start forming a bull flag between 100K and 105K, if today closes above 102K.

• If that happens, there’s a high probability of another attempt to break above ~106,500 — and since it would be the third test, the chances for a breakout are higher.

• There’s also an equally high probability of a dip below 100,700 — it’s a major liquidity area and a breakout level that hasn’t been retested yet. Naturally, it's hard to predict how deep that dip might go — it could easily stretch down to 98K.

• The sequence and speed of these moves are unpredictable, but buying strong, high-volume dips remains the safest approach.

🎯 Key Levels to Watch:

• Above: 102380 / 105000 / 106450 / 108366

• Below: 101400 / 100678 / 99431 / 98500

🔥 #Bitcoin Liquidation Heatmap:

• Above: 104540 / 105308 / 105980 / 106552

• Below: 100620 / 100044 / 98610 / 97556