Lingrid | BITCOIN building LIQUIDITY for the ATH retest

The price perfectly fulfilled my last idea. It hit the target level. BTCUSDT market is currently consolidating after a rebound from the support level. This pattern is not uncommon, as the market often forms a range zone after a significant impulse move. I believe the market will first break out of the range zone, but not upwards, rather downwards, to gather liquidity and build momentum for a potential upward move. In this scenario, the market shows classic price action, where it trades sideways, building liquidity above and below the current range. As the consolidation deepens, I expect the market to roll back to support the level, before retesting the higher levels and potentially reaching all-time highs. My target is resistance zone at 69630.50

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

Trade closed: target reached:

The price surged and hit the TP