⬤ Bitcoin has pulled back to grab liquidity below the $95,730 support and is now holding steady in this zone. The critical level everyone's watching is $95,825—breaking above it would flip market structure and likely kick off a rally. If BTC reclaims this price, it's a green light for bulls to start positioning long.
⬤ The $95,825 mark matters because it's a weak weekly high. Once Bitcoin pushes through, traders are planning to lock in 70-80% of their profits near this resistance. The remaining 20-30% stays open in case the momentum keeps building and Bitcoin runs higher.
⬤ If Bitcoin can't hold and dips lower, there's a chance it sweeps down to the $94,000 low. The game plan would then shift to catching liquidity at these cheaper levels, waiting for market structure to break, and entering longs on the bounce. Even with this possibility, the overall outlook for the next few weeks leans bullish.
⬤ How Bitcoin behaves during this consolidation will decide what happens next. A clean break above $95,825 should bring in more buyers and push prices up. But if it fails to reclaim that level, we could see a deeper pullback with traders eyeing lower support zones for entry.
Saad Ullah
Saad Ullah