đš Bitcoin Market Update đš
BTC showed a sharp move to $76,300 followed by an immediate pullback to $75,500 â a classic liquidity sweep.
This type of price action is not a breakout, but rather a volatility-driven move designed to trigger both long and short positions.
đ Key Observations:
âą Sudden spike â liquidity grab
âą Fast rejection â no strong follow-through
âą Current structure â range-bound market
đ Levels to Watch:
âą Resistance: $76,300
âą Support: $75,500
A confirmed break above resistance could push BTC toward $77Kâ$78K.
A breakdown below support may lead to a retest of the $74K zone.
â ïž Market Insight:
This is a manipulation phase, not a trend.
Patience is key â wait for confirmation before entering positions.
Smart traders react, not chase.