$BTC Globally, there are signs that the market has begun to 'wake up', so efforts to work on long positions need to be increased. In light of the current situation, we note that the price has removed the previous minimum of the month. It has also absorbed two months of correction in the market.
The month's close at this level can be interpreted as a signal for a bullish market. In the short term, we expect the month's close and a pullback to 0.5 of the range of the previous candle.
The structure is formed, the correction will either be to 0.5 of the manipulation range or in a retest of the mirror level, which is a break of the structure. We are not looking at anything else in this range.
We consider a price correction into the FVG area, or possibly a move below the $82,792 zone with the potential to update the local minimum. Then we expect the formation of a local structure and a move to the $100,000 level if there is confirmation in the form of a strong impulse at the close of the weekly bar or a high wick.