📉 $BTC UPDATE | DON'T FALL FOR THE SWEEP TRAP JUST YET
Some traders expect Bitcoin to drop fully back into the range to grab liquidity near the lows...
🚫 Interesting take 👀 — but I don’t fully agree. Here’s why:
🔹 We already swept the weekly swing low, and based on price logic, the next target should be the weekly swing high at $110,530 — and we haven’t touched it yet.
🔹 There’s still a major Draw on Liquidity (DOL) above, and price is magnetized toward it.
🔹 On the daily timeframe, we’re trading within a Fair Value Gap (FVG). Unless we get a clean break below, this area should act as a bounce zone.
🔹 Weekend structure is typically low-volume and choppy — we might sweep the daily swing low (which lies inside the FVG) before a reversal.
🧠 My bias:
I expect accumulation within the FVG, followed by a push toward the weekly swing high and then the major DOL.
Let the market do its thing — but don’t ignore the upside liquidity.
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