$BTC at 66k has lost almost 50% in value from its ATH.
Onto the technicals. On the 30m structure, there’s a clear sell side liquidity resting below ~$64k. That orderblock sitting at the $62k–$64k region is very important. My base case: 1️⃣ Sweep the lows (take out $64k liquidity) 2️⃣ Tap into the 30m orderblock ($62k–$63k) 3️⃣ Strong reaction + displacement 4️⃣ Reclaim $72k–$74k Remember, after a ~50% correction from ATH, weak hands are already shaken out. What’s left is positioning and liquidity engineering. As long as that OB holds, upside expansion remains very much on the table.
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$BTC at 66k has lost almost 50% in value from its ATH.
Onto the technicals.
On the 30m structure, there’s a clear sell side liquidity resting below ~$64k.
That orderblock sitting at the $62k–$64k region is very important.
My base case:
1️⃣ Sweep the lows (take out $64k liquidity)
2️⃣ Tap into the 30m orderblock ($62k–$63k)
3️⃣ Strong reaction + displacement
4️⃣ Reclaim $72k–$74k
Remember, after a ~50% correction from ATH, weak hands are already shaken out.
What’s left is positioning and liquidity engineering.
As long as that OB holds, upside expansion remains very much on the table.