BTC Analysis 8h — Updated Scenario
The price remains within an ascending wedge, a pattern that usually indicates exhaustion and possible correction. However, as long as it holds above the 105k region, there is still potential to seek liquidity higher up.
📊 Liquidity:
Strong buying interest in the 112K region, where there is a large concentration of stops and liquidations.
Below, visible liquidity in the 100-102K region, which could be a target in a possible trap before a breakout upwards.
📈 Optimistic Scenario:
Breaking the 106,100 / 106,170 region, the price tends to accelerate to 112K and, who knows, even up to 118K.
📉 Risk Scenario:
Losing the 104,600 / 105,000 region opens space to seek the rising trend line in the range of 102K or even 100K, clearing liquidity before any recovery.
⚙️ Key Points:
Control region: 105,500
Key support: 104,600 / 105,000
Resistance: 106,170 → 112K
🔍 The market is well designed for those who understand flow, liquidity, and structure.