š„ $BTC Just Took a HitāBut Bulls Are Reloading! š„
A $60.8K long liquidation at $103,556.90 sent shockwaves through the order booksābut donāt blink. This isnāt the end of the move⦠itās a reset for a stronger breakout.
$BTC recently tapped a local high above $104.2K, testing macro resistance with undeniable force. The pullback was sharpābut strategic. Liquidation events like this often mark liquidity grabs, not trend reversals.
š Volume surged on the selloff, indicating aggressive re-entries and buy absorption. Momentum remains bullish with higher timeframe structure intact. The market just cleared weak hands.
š Technical Outlook:
Immediate Resistance: $104,200
Support Zone: $101,800 - $102,500 (strong institutional footprint)$BTC
Ideal Entry: $102,200 - $102,600 (on bullish confirmation candle or hold above support)
š§ Pro Strategy Setup:
Entry: $102.4K (confirmation-based)
Target 1: $104.5K
Target 2: $107K
Stop-Loss: Below $101.6K (break of structure)
The structure is primed for continuation. Bitcoinās trend is still vertical, and this liquidation flush only adds fuel for the next leg up. Donāt mistake fear for a reversalāthis is where seasoned traders position smart.
ā³ Momentum doesnāt wait. Either you're in the moveāor watching it fly.