$BTC Update
My outlook remains unchanged — I still expect at least a bullish counter-move from here.
⚠️ The only thing I dislike at the moment is the low trading volume at the lows. Typically, significant bottoms (swing lows) are formed with strong, elevated volume, which we haven’t seen yet.
For this reason, the next reaction is critical:
If we get a strong, impulsive bounce, it should ideally break the entire preceding downward move in one sequence without large pullbacks. That would be a healthy bottoming structure.
If, however, we only see a weak, corrective rise, then we need to consider either taking partial profits or even preparing for short setups.
For now, I continue to expect a bullish counter-reaction first, before we reassess the next upward movement.
✅ Ideally, we should push impulsively and break 117,450 without major setbacks.
That would also be the level where I’d move my stops to breakeven on open long trades.