BTC The local bottom could be in. Since Thursday’s selloff, price has slowly been grinding higher, resulting in BTC printing a higher low. If price can now reclaim $82.05k, we should revisit the previous high around $82.9k soon. The reaction at this level will be crucial, as it will decide whether structure remains bearish or we get a bullish MSS. In case of a reclaim, I expect price to push up further and test our key level at $84.4k next. A lot of liquidity has built up around that mid range S/R level, making it a likely target in the short term. A sweep of the previous high followed by an immediate rejection, on the other hand, would keep bearish structure intact and increase the chances of price pushing lower over the coming week.