BTC MANIPULATING AROUND
📊 BTC 4H Analysis — Liquidity & Channel Structure
After forming a Lower Low (LL) and Lower High (LH), BTC has been moving inside a defined ascending channel, showing a gradual recovery from the recent low.
Looking at the previous highs, the yellow-marked wick rejections highlight an important liquidity/supply zone. Each time price reached this area, sellers stepped in and pushed the price back down.
Currently, BTC is approaching this area again, but the price action looks slightly different.
We could see liquidity manipulation around these highs — a strong move upward with high-volume candles could sweep/trigger short positions, creating a short-term squeeze before the market decides its next direction. 🔎 What I'm Watching
66K–67K zone: This is a key liquidity area where we could see sharp wicks designed to trigger/liquidate short positions before price decides its next direction.
If BTC closes a 4H candle above/within this zone with strength, it could confirm a short-term bullish momentum, potentially pushing price higher.
Rejection from this zone: Could send price back toward the lower part of the channel.
Channel breakdown: A clean break below the channel would increase the probability of a move toward the 62K area.
Key idea: Expect liquidity sweeps around 66K–67K. The candle close will be more important than the wick itself.