Bitcoin is once again at a crucial juncture, as price action is testing short-term resistance zones that could dictate the next significant move. Traders are closely watching the lower-timeframe (LTF) levels to determine whether momentum will carry the market higher or if sellers will reclaim dominance.
Earlier this week, $BTC swept the previous week’s low (PWL) on Tuesday, a move that flushed out late longs and trapped liquidity beneath key support. This liquidity sweep often serves as fuel for a reversal, and we have indeed seen Bitcoin grind back up into resistance. The primary zone in focus now sits around $113,300 (113.3K), which acts as the immediate barrier to upside continuation.
For bullish momentum to remain intact, Bitcoin needs to flip 113.3K into support. A confirmed reclaim here would likely invite fresh buying interest, opening the door for a move higher towards the next key resistance zone at $114,300 (114.3K). This area aligns with prior supply and liquidity pools, making it a natural target for bulls seeking continuation.
However, the market is unlikely to grant an easy path upward. Should price reach 114.3K, it becomes a zone where short-term traders may look to fade the move. The reasoning is straightforward: liquidity rests above, and if the sweep occurs without strong follow-through, a rejection could spark a sharp reaction lower. This makes 114.3K a potential scalp short opportunity, especially if momentum indicators show exhaustion and volume dries up.
The broader context remains important. Bitcoin is navigating within a high-timeframe bullish structure, but shorter timeframes reveal chop and indecision. This type of environment rewards tactical plays—liquidity grabs, quick flips, and disciplined risk management—rather than over-leveraging directional bets. Market participants should remain aware that while upside targets are clear, failure to reclaim 113.3K could invalidate the bullish scenario and re-open the door to revisiting recent lows.
From a psychological perspective, traders are watching how Bitcoin reacts to each liquidity sweep. The Tuesday PWL flush has already provided fuel for the current push, but continuation depends on whether buyers step in aggressively at resistance. If they hesitate, sellers will take advantage.
Key levels to watch:
•113.3K → Must flip to confirm upside continuation.
•114.3K → First logical target for longs; potential scalp short zone if swept.
•112K → Failure to reclaim above 113.3K could bring this level back into play.
In summary, Bitcoin is at an inflection point. A decisive flip of 113.3K could extend the rally to 114.3K, but traders should be cautious of liquidity traps at that higher level. The most tactical approach remains flexible—ride the upside if confirmations appear, but be prepared for quick reversals when key resistances are tested.
🎯 Target: 114.3K if 113.3K flips; scalp short setups may appear at 114.3K on rejection.