We’re seeing a significant pullback, but I believe this is where opportunity lies. Here’s why:
1️⃣ Key Support Zone: Price just wicked into a strong support area around 91K–
92K, which has historically been a bounce zone.
2️⃣ Oversold Conditions: Market Cipher B is flashing clear signs of momentum bottoming out — we’re seeing the wave curving up, indicating potential reversal strength.
3️⃣ Liquidity Grab: The recent dip may have been a liquidity sweep below support — often a signal that smart money is preparing for a move up.
4️⃣ Volume Profile Support: We’re near a high-volume node on the profile, suggesting strong buyer interest in this range.
Targets:
First: POC around $96,750
Next: Resistance at 100K
Ultimate: LIQ zone at $102,500
Invalidation: A clean break and close below 90K would make me reconsider this bias.
Let’s see how this plays out. Let’s learn and grow with crypto together!
#BTC #Bitcoin #Crypto #Trading #CryptoCommunity #MarketAnalysis #CryptoTrading #BTCUSD #AntiCryptoCryptoClub