🔥 Beware the Snake Guarding the Jewels: Pro Analysis of Bitcoin’s Liquidity Trap ($118K–$112K) — and Follow the Lion’s Heavy Footsteps$BTC #daytrading #bullishreversal
Bitcoin trades between $115,277.04 – $115,273.54, recovering slightly after dropping from $118,364.79 to $112,104.48. Price shows signs of stabilization, but bears remain in control.
🔍 Key Observations:
Bearish Order Block: $118,364.79 → Sell zone
Bullish Order Block: $112,104.48 → Buy zone
Strong volume spike confirms institutional selling
Liquidity grab near $118,607–$118,851 triggered reversal
🎯 Trading Signals:
Main Short Entry:
📍 Entry: $115,573 – $118,364$BTC
🎯 Target: $112,104, then $110,000
🛡️ SL: Above $119,000
Long Entry (After Trap Completion):
📍 Entry: $112,104.48
🎯 Target: $118,364
🛡️ SL: Below $111,500$BTC
📈 Trend Outlook:
Bearish momentum likely continues unless BTC reclaims $116K+ fast. Breaking $112K could send price to $110K. Volatility may rise with U.S. jobs data.
🧠 Insight:
The recent fake breakout was a classic liquidity trap, shaking out longs. Stay patient — real opportunity is near the support.