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BTC Price Prediction: Will Bitcoin Pull Back This Week?
Saturday, I mentioned two possible scenarios for Bitcoin.
Well, the first one just played out. If you’ve been following, you know what I’m talking about. If not, I highly recommend checking that out once you’re done here — it’ll give this analysis more context.
So, what happened?
Price pushed up just enough to grab the liquidity sitting above the last high. Classic.
Now, the real question is: what next?
Below the current level, there’s a clean H2 demand zone with imbalance — that could be our next reaction point. That’s where I’m watching closely.
Three touches means eyes are on it. And if eyes are on it, market makers are probably watching too. So, don’t be surprised if price dips below the H2 demand to sweep that trendline before pushing back up.
This happened to me countless times in the past. I’d set my buy orders right at demand, only to get wicked out and watch price fly away after sweeping that extra bit of liquidity.
Brutal. But it’s how the game works.
Now, zooming out a bit, this kind of move doesn’t necessarily mean BTC is bearish. It could be just a deeper retracement before continuation. But let’s be real: no prediction is ever 100% guaranteed.
Bitcoin, like every other asset, moves in probabilities — not certainties. So yes, the scenarios I shared are possible, but we always have to remain open to being wrong. That’s just part of being a trader.
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