BTC This is the short term scenario I’m expecting for Bitcoin. Last weekend we saw a decent correction into a key HTF support level, where buyers stepped back in and pushed price toward $78k. That move left a large amount of liquidity resting below the recent low at $74.2k. Now that BTC has lost the monthly open again, I believe a sweep of that liquidity becomes increasingly likely. If that’s the case and price taps the $73k-$74k area, it will run into a strong support level that continues to be defended well by buyers. In my opinion, we should see a decent bounce from there with $79k as a potential target, if bullish momentum stays intact throughout the move. $79k is a key breakdown level that lines up with multiple bearish confluences such as the Golden Pocket and the 200EMA, making it an area where the formation of a lower high is likely.(Max Trades)