- BTC played out the expected drop — but only after a classic fakeout above the recent highs
- Two main scenarios: an immediate bounce continuation or one final liquidity grab below
- Demand zone below could act as a launchpad if tested
- Flexibility > certainty. Don’t get tunnel vision on one outcome
Last time we looked at BTC, we were hovering around a supply zone — the kind of area that usually whispers “something’s about to happen.” And sure enough, something did.
But if you expected a clean rejection from supply… welcome to Bitcoin. This market doesn’t just respect the zones like a polite student — it loves to mess with your head.
Instead of reacting right from supply, it first made that sneaky little move above the previous high, triggered stops left and right, and then dumped.
Classic manipulation. I’ve seen this script too many times, and every time it still manages to get a few.
So… What Now?
Now that the initial dump has played out, there’s a real chance that we might be setting up for the next impulsive leg to the upside.
But — and this is a big but — I wouldn’t be shocked if BTC first came back down to sweep that local low. You know which one I’m talking about.
There’s still some liquidity sitting there, just waiting like loose change under the couch. And if we know anything about how this game is played, the price tends to gravitate toward those forgotten pockets of liquidity before making any real move.
And if that happens? Well, there’s a demand zone just below that could offer a clean bounce.
It’s not guaranteed, of course — nothing ever is — but that zone could end up being the launchpad for something bigger if it reacts the way we’ve seen in the past.
Keep Your Bias In Check
One thing I always remind myself in moments like this: don’t marry a bias. It’s easy to look at the chart and say, “it has to go up from here.” But the truth is, BTC doesn’t have to do anything. It can just as easily throw another curveball — or five — before picking a direction.
The important part isn’t knowing exactly what will happen. It’s being prepared for what might happen. For now, I’m eyeing two scenarios:
- Price continues up impulsively from here, respecting the dump as a healthy retracement.
- BTC dives slightly lower first, sweeps the local lows, reacts from the demand zone, and then takes off.
Either way, don’t get caught overcommitting. This is one of those moments where patience might just be your best entry.
