BTC Short Term analysis
As seen in the chart, BTC broke structure in H4 (October 1), then it retraces back to its daily demand number of times around 27313.39. IMO, the price can do 2 things: it can grab the liquidity at 28301.27 price point then go back and mitigate the daily demand zone again, or it can go straight to the demand zone then target the buyside liquidity 28301.27 and 28584.82.
In addition, there is a resting sellside liquidity at 27163.64 which is inside the demand zone. Hence, I'll be waiting which side of liquidity will be grabbed first.
In addition, there is a resting sellside liquidity at 27163.64 which is inside the demand zone. Hence, I'll be waiting which side of liquidity will be grabbed first.
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