From TradingView · · 1m
BTC $84K Liquidity Sweep or Breakout?
Three trade setups for Bitcoin based on $84K liquidity zone.
In brief
Three trade setups for Bitcoin based on $84K liquidity zone. Traders can target $84K, $86.8K with swing longs, shorts after liquidity sweeps, or breakouts if resistance is reclaimed. Originally reported by TradingView.
Current Bitcoin Structure
Bitcoin trades below equal highs and 84.4k supply zone with rising trendline support.
Key Price Levels
Higher supply: 86400, 86800; 84k supply: 84000, 84400; demand zone: 81600, 81200.
Setup 1, Swing Long
Enter at 81.2K, 81.6K with stop below 79.6K and target 84.0K, 84.4K or 86.0K, 86.8K.
Setup 2, Short After Sweep
Enter at 84.0K, 84.4K after buy-side liquidity sweep with stop above 85.2K and target 83.2K, 83.0K.
Setup 3, Breakout Long
Enter at 84.0K, 84.4K after H4 close above resistance with stop below 83.7K and target 85.2K.
Execution Notes
81.2K, 81.7K demand zone and 84.0K, 84.4K supply zone define primary trading areas.
At a glance
Traders can target $84K, $86.8K with swing longs, shorts after liquidity sweeps, or breakouts if resistance is reclaimed.
