$BTC/Price has reacted strongly from the deeper demand zone (112.15K – 109.70K), showing a clean bullish CHOCH followed by a confirmed BOS on the lower timeframes — signaling early structural alignment for potential continuation.
This reaction confirms mitigation, not reversal, as long as 109.70K remains protected.
Momentum and structure across micro and mid timeframes have now turned bullish, indicating renewed intent from buyers.
The next liquidity objective sits between 116.11K – 116.41K, where previous imbalance and resting liquidity align.
That zone also holds reversal potential, as price may face reaction or redistribution once it reaches those highs.
For now, this remains a healthy corrective phase within the bullish macro structure —
a controlled absorption and expansion sequence in play.
Structure first. Liquidity second.
Confirmation always. 💎
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
