#BTC Update



I want to share my thoughts on the current BTC situation in a simple way.

Right now, I can see a classic Head and Shoulders pattern forming. This structure can act as a catalyst for higher prices on BTC if it plays out correctly. From here, I see two main scenarios.

First scenario
We get a clean break of the 72k area, which could open the path toward 75k. This move would be supported by the Head and Shoulders pattern and the nPOC, which previously acted as strong support and is marked by the orange line.

Second scenario
We get a fake breakout above 72k, followed by a sharp drop into the 65k area. The reason for this would be liquidity. There is still a lot of liquidity sitting around 72k, and the market could first take that out before moving lower.

So a deeper drop is still very possible. Personally, I lean slightly more bullish, but only locally.

That’s why I want to prepare you for both moves. Both scenarios make sense based on structure and liquidity, and we don’t need to guess. We just react to what the market shows us.

Simple explanation so everyone can follow.

Cheers
BTC2,8%
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