Max Trades|Sep 08, 2026 21:03
BTC
I’m still looking for another pullback towards $77k.
Today’s correction brought price back below the mid-range level around $79.3k.
Since then, price has been rejected twice from that area and seems to be respecting it as resistance.
Looking at the broader picture, BTC has now been ranging for around two weeks, building liquidity both above the highs and below the lows.
Each time price approaches a boundary of this range, we’ve seen a reversal before reaching the liquidity resting beyond it.
Overall, I believe we could continue ranging for a while longer before eventually seeing one final sweep of the highs, followed by a larger pullback.
This would allow liquidity to keep building on each side of the range before both ends eventually get taken out.
A similar pattern also played out during the bottoming process of the previous cycle.(Max Trades)
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