📉 Bitcoin Daily 📈
$BTC is forming another consolidation channel on the lower timeframes. It’s still holding within the broader uptrend, and so far, no price action suggests that trend is reversing.
But — this is Bitcoin we’re talking about. It loves to drop vertically without warning. Just a gentle reminder: risk management isn’t optional.
🔼 The bullish scenario is straightforward:
If the bounce from the bottom holds, we could see a move to 111.8K — and maybe even a new ATH.
🔽 On the bearish side, there are liquidity pools around 110,000 and 108,400 just waiting to be revisited.
When will that happen? No one knows. But when it does, those zones are prime candidates for high-RR bounce scalps.
🎯 Key Levels to Watch:
• Above: 111959 / resistance free zone
• Below: 110600 / 110000 / 109100 / 108366
🔥 #Bitcoin Liquidation Heatmap:
• Above: 111878 / 112396 / 113017 / 114053
• Below: 109700 / 108560 / 106905 / 105765