BTC Price swept the low at $74.9k, followed by a strong bounce and reclaim of the monthly open. This was exactly the move I anticipated and shared in a few of my previous posts. Now we are approaching the key resistance area at $78k-$79k. This zone could act as a level for a bearish retest before we see a continuation lower. If price, on the other hand, manages to reclaim this region and push back above $80k, there’s a decent chance we’ll see a sweep of $82.8k, as a large amount of liquidity has built up above the recent highs. However, the grey zone will be the key area to watch for now. If we see a rejection from this level followed by a close back below resistance, I’ll look to take a short position targeting the monthly open as well as the previous low. In case of a break above, I’ll wait for a sweep of the highs and a potential move into my previous area of interest around $84k, where also the unfilled CME gap from a few months ago sits.(Max Trades)