BTC $90k might be closer than most think. The majority of market participants currently seem to be expecting a move towards the lows to take out the large amount of internal liquidity that has built up around that area. However, it’s important to consider that BTC remains pretty strong for now. After the rejection from the range highs, price retested our key level at $85k and immediately gave us a strong reaction. You could therefore interpret this as a bullish retest rather than just another rejection from the highs that now has to be followed by a deeper correction. I have mentioned several times in the past that obvious liquidity targets like this often get frontrun because the market usually doesn’t choose the most obvious path. Therefore, a scenario where this liquidity stays untouched and price goes for another sweep of the highs instead wouldn’t surprise me. I still expect that liquidity to get taken out eventually, but for now, a push towards the $90k region first seems like the more plausible scenario to me.