Max Trades|Oct 12, 2026 10:46
BTC
Deviation complete ✔️
Over the past week, we saw an aggressive selloff, with which most of the local downside liquidity got hunted
out.
However, buyers then quickly stepped in around the $80k to $81k area, pushing price back above the range lows.
With yesterday’s weekly close being well above the previous swing high, this is exactly the bullish weekly close I’ve been talking about.
The range lows have now successfully been reclaimed, which opens the door for another push towards the unswept highs, which should become our main target over the coming weeks.
They have constantly been front run, causing a lot of fresh liquidity to build up above them.
Considering that we’re now in a macro uptrend, in which the goal of market makers is to initiate liquidity above price while occasionally shaking out some longs, I’d consider this a very likely scenario.
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