BTC Just Flipped the Script 59k Sweep Defended 94k Target Soon

Apr 13

BTC has nailed a clean breaking up from the multi-month descending resistance after sweeping liquidity below 60k and perfectly defending the base support. Price is now holding strong inside the immediate demand zone at 70k-72k, flipping the entire breakdown narrative.

This is market structure shift. The 59k level was the line in the sand once defended, it unlocked the bullish setup with the projected target sitting at 94.8k, roughly 27% from current levels. As long as we hold above 72k, the path of least resistance is higher.

A decisive push above 80k confirms the next leg. Sitting at 74k right now, this is the exact spot where the real move begins.

Apr 14

Note

Apr 14

Note

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Apr 15

Trade active

BTC remains range bound with price currently at major resistance around 75.9k, where repeated tests have failed to produce a confirmed breakout. Recent candles show rejection, with bodies closing below 74.9k, indicating lack of acceptance above this level.

As long as this persists, downside rotation is favored towards 71k, then 68k, and potentially 65k. A bullish shift only becomes valid with a strong close and sustained hold above 75.9k, opening continuation towards 84k+.

Until then, the range structure remains intact with resistance favoring short side reactions.

Apr 16

Trade closed manually

Attention is now firmly on the 78k level, which continues to act as a strong and immediate resistance zone. A decisive breakout above this area would confirm bullish strength and open the path toward our projected upside target.