BTC/USD (Daily Timeframe) Discrimination
Currently, Bitcoin is trading around 111,192, where market structure has recently shifted from forming Lower Lows (LL) to a new Higher Low (HL), signaling potential strength.
Order Block Zone (OB Zone): Price is testing the OB zone, which will act as a decision point.
Weak High Above: The previous high is marked as weak, meaning a liquidity sweep towards the upside is possible.
Scenario 1 (Bullish): If price holds above the OB zone and breaks structure upward, it may target the 120,000 weak high zone.
Scenario 2 (Bearish): Failure to sustain above the OB zone could bring price back towards the 101,000 liquidity area.
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