#cryptotradingpro

Bullish And Bearish Scenarios For $BTC

Interestingly, since the analysis, the ensuing price action has been marked by Bitcoin’s failure to reclaim the upper FVG and more of a consolidation around the lower FVG at $107,500. This places the most significance around this level, as Bitcoin’s reaction here could either cause a rebound upwards or a significant price retracement.

For the bullish scenario, a bounce at the lower FVG will send the $BTC price towards the upper FVG. A sustained move above the upper FVG at $110,700 would indicate a bullish reclaim and might bring a new all-time high around $113,000 back into focus.

For the bearish scenario, especially with a clean loss of the $107,500 level, the path opens for a move toward $106,000. This level is aligned with a liquidity pool left behind from consolidation early last week. If the structure breaks downward below $106,000, sellers may seize control in the short term.