
TehThomas
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TehThomas

Price just swept the 1-hour and 4-hour swing highs, grabbing liquidity from anyone who had stops above the high. This was followed by an immediate and aggressive selloff, showing a clear bearish displacement. That move confirms smart money was unloading into retail longs, and we now have a shift in momentum pointing down.Liquidity Sweep and Displacement ContextThe sweep of the high was immediately followed by a strong bearish displacement. There was no hesitation after the breakout, which confirms this wasn’t a real breakout but a stop hunt. The reaction tells us that price was tapping into a key supply area or simply running out of buying interest above the high. This kind of rejection usually signals that smart money is positioning for a move lower.Fair Value Gap and Pullback ZoneThe drop left behind a clear 1-hour Fair Value Gap, sitting just below the swept high, between roughly $105,600 and $106,000. Price hasn’t returned to it yet, which opens the possibility for a short-term retracement back into that imbalance before continuation. That FVG becomes the main short entry zone, if price trades back into it, it’s likely to reject again.Bearish Target and Market Structure OutlookIf we retrace into the FVG and reject, I expect a break of the recent short-term low around $104,300. That level will act as the first sign of bearish continuation. If that goes, there’s clean liquidity sitting below near the higher-timeframe low in the $103,600 zone. That’s the larger target for this setup, sweeping those lows would complete the move.ConclusionThis is a clean high sweep followed by strong displacement and an unfilled FVG. If price trades back into that imbalance and shows rejection, I’m expecting continuation lower, with targets at $104,300 and ultimately down to $103,600.___________________________________Thanks for your support!If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀Bitcoin has a strong bullish candle, could be filling the 4h gap

TehThomas

Bitcoin is showing its first real signs of weakness after an extended bullish run. The current price action around $106,700 suggests a loss of momentum, with price hovering just above a key daily low that could act as a pivot point. If this low gets taken out, it would likely mark a short-term shift in sentiment from bullish to bearish, opening the door for a deeper retracement toward key inefficiency zones that remain unfilled.Consolidation and Liquidity StructureAfter the sharp breakout in early May, price rallied aggressively with minimal pullbacks, leaving behind several imbalance zones that now act as downside magnets. The previous range high around $99,000, which acted as a strong resistance level earlier this year, has not yet been properly retested. This area aligns with a large daily imbalance, making it a highly probable target in the event of a breakdown. Currently, price is consolidating just above this previous resistance-turned-support zone, and pressure is building.Bearish Breakdown PotentialIf the current daily low breaks, it would likely trigger a flush into the $99,000 to $95,000 range, where we find that unfilled imbalance waiting to be closed. A break and acceptance below the $99,000 level could suggest deeper trouble for the bulls. In that case, the next major downside target sits around $92,000, where an even larger inefficiency from earlier in the year remains open. This level also coincides with a significant accumulation zone that could provide the next strong base of support if the market continues correcting.Bullish Recovery ConditionsOn the flip side, if Bitcoin holds this low and finds demand stepping in at current levels, we could see a local bottom form. A recovery and push back toward $108,000 or even a reattempt of the $112,000 highs would be back on the table. But for this bullish case to stay alive, the current daily low must hold. A sweep and reclaim could trap late sellers and fuel a quick reversal. However, right now, the pressure is clearly leaning to the downside unless buyers show strong intent soon.Imbalance Zones and Key Price AreasThe most critical area to watch is the $99,000 level. It’s the confluence of an old resistance, an unfilled imbalance, and psychological round number support. If price tags this zone, we’ll need to monitor reaction closely. Weakness below $99,000 opens the door to $92,000, which is where the next higher timeframe imbalance sits. If we start accepting below $92,000, that would confirm a much more extended corrective phase is underway.Price Target and ExpectationsThe primary expectation is a move into the $99,000 imbalance zone, assuming we get a clean daily low break. A bounce there would offer the first chance for a bullish reaction, but if sellers dominate, $92,000 becomes the secondary and more extreme downside target. A reclaim of $108,000 would invalidate this short-term bearish thesis and shift the focus back toward the highs.ConclusionAll eyes are on the daily low. A clean break below it would change the tone of this market and likely initiate a short-term bearish cycle, targeting inefficiencies left behind during the rally. $99,000 is the key zone to watch first. If it holds, bulls may step back in. If not, $92,000 becomes the next target in line. For now, caution is warranted as the risk of deeper downside continues to grow.___________________________________Thanks for your support!If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀Bitcoin broke below the low, looking for more downside

TehThomas

Bitcoin just delivered a textbook bullish reaction following a decisive liquidity sweep beneath the 4H range lows. Instead of continuing lower or entering a consolidation phase, price responded with immediate strength, snapping back with velocity, reclaiming structural levels, and rejecting decisively from a key Fair Value Gap (FVG). This kind of aggressive post-sweep price action usually signals the end of a stop hunt and the beginning of a new directional leg, which, given the current structure, is leaning heavily to the upside.This is not just a random bounce, it’s a clear shift in intent. The behavior we’re seeing reflects a strategic move by smart money: first clear out liquidity from trapped longs and eager breakout sellers, then reverse and defend key zones that align with institutional discount pricing. The result? A bullish narrative that looks ready to drive price significantly higher.Liquidity Sweep and FVG ReclaimThe initial sharp drive lower ran through the 4H lows, which had built up significant liquidity from both early long entries and breakout traders looking for continuation. This kind of move is engineered, designed to clean the board before a major shift. Price wicked deep into a 4H Fair Value Gap and immediately snapped back above it, closing strong and leaving behind a long lower wick. That reaction tells a story: there was demand waiting, and it stepped in with authority.The Fair Value Gap wasn't just tested, it was respected. The fact that price closed back above the gap, after wicking through it, confirms it wasn't simply a liquidity grab but also a moment of rebalancing. The imbalance created earlier was filled efficiently, and the market moved on. That combination of liquidity sweep, deep FVG test, and bullish close is often what marks the end of manipulation and the beginning of a true move. It's a clear signal of smart money stepping in and defending value.Structural Shift and Accumulation SignalFollowing the sweep, the structure shifted rapidly. Price reclaimed the previous 4H support base that had been broken during the stop hunt, invalidating the bearish continuation thesis and instead suggesting accumulation. This is classic behavior after a manipulation low, price doesn’t hesitate or consolidate much, it simply turns with strength.We’re also seeing signs of absorption and accumulation, particularly in the way price rejected cleanly from discount levels and stabilized within the FVG range. Multiple attempts to break down have failed, and the bounce wasn’t just reactive, it came with commitment. With each retest of the 110.3K resistance, that level weakens structurally. What began as resistance is now showing signs of turning into a launchpad.If this is indeed the final leg of an accumulation phase, we should expect a marked expansion soon. The setup aligns with smart money accumulation logic: sweep liquidity, shift structure, trap shorts, and then displace with force.Price Targets and ExpectationsThe 110.3K level remains the most immediate point of interest. It has acted as resistance multiple times, but each rejection has grown weaker. If price clears this level with conviction, ideally through a sharp displacement candle, the breakout has legs. Above that, we enter clean air with little resistance overhead.The next logical target becomes 113K, which aligns both psychologically and technically with the next liquidity cluster. It’s an untested zone and represents the next area where sellers might appear. However, given the strength of the reversal and lack of major supply between 110.3K and 113K, price could move swiftly once the breakout is confirmed.Longer-term, if momentum holds and Bitcoin maintains strength above 110.3K, we could see a retest of the all-time highs come into focus sooner than expected. But for now, the priority is to monitor how price interacts with 110.3K and look for signs of breakout strength or failed move traps.ConclusionBitcoin isn’t in a boring range or slow grind, it just executed a classic liquidity play: sweep, react, reclaim. The reaction off the 1H Fair Value Gap that followed the 4H sweep is a strong signal that the market has shifted gears. With clear signs of demand stepping in and structure now favoring the bulls, the 110.3K level looks increasingly vulnerable. If that breaks, the path toward higher prices, including 113K and beyond, opens up fast.The overall context has shifted from consolidation to directional expansion, and everything about the recent move points toward the bulls regaining control. Keep your eyes on the structure, the volume, and the displacement above key levels, the next leg could be explosive.___________________________________Thanks for your support!If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀

TehThomas

Bitcoin recently printed a sharp rejection after revisiting a key supply area formed by a 4H fair value gap, overlapping perfectly with the golden pocket zone from the most recent down move. This confluence provided a strong technical ceiling, causing a clear reaction and shifting short-term sentiment to the downside. The rejection was sharp and clean, leaving behind an upper wick that signals strong selling interest. From here, price appears to be in search of support, and our eyes are now locked on the 4H imbalance around the 108.2k level, which could serve as a key pivot for the next directional move.Consolidation and Confluence StructureThis recent move isn’t just a random drop. We’ve built a range around this resistance zone, with multiple failed attempts to break higher, followed by a clear rejection from inside the 4H FVG and golden pocket. This kind of structure usually tells us two things: first, buyers are struggling to break through strong institutional resistance, and second, there’s still liquidity left below that the market may want to sweep before any continuation higher. This is where the FVG at 108.2k and the PDL around 106.5k come into play. Both zones are clean, visible, and highly likely to draw price if the current level doesn’t hold.Fair Value Gap Reaction PotentialThe 108.2k zone is where the first major reaction could occur. It marks a fresh 4H imbalance created during the impulsive move upward, and price is now backfilling that inefficiency. If buyers step in here, respecting this imbalance as a demand zone, we could easily see a rotation back up toward 110.2k and eventually a retest of the upper resistance band near 111k. This would be a typical FVG play: price rebalances into the gap, finds demand, and continues higher.Failure Scenario and Liquidity Sweep SetupIf the 108.2k FVG fails to hold as support, the next target becomes much more obvious, the previous day’s low at 106.5k. That level is also a 4H swing low, making it a prime liquidity draw. A move below that low would allow price to collect sell-side liquidity, sweep out late longs, and potentially trap breakout traders expecting further downside. If this level is swept cleanly and followed by bullish displacement, it could offer a high-probability long entry from the discount zone. The risk-reward from this setup would be ideal, especially if we reclaim 108.2k afterward.Market Context and Higher Timeframe BiasZooming out, the structure remains bullish on higher timeframes, but this local rejection is a necessary reset. It’s a shakeout that allows price to reprice into demand and generate momentum for the next leg up. This kind of behavior is typical in trending markets, corrective moves that dig into inefficiencies, hunt liquidity, and then reestablish the trend. As long as we don’t see sustained closes below 106k, the bias remains tilted toward continuation to the upside, with current price action offering a potential entry opportunity.Price Target and ExpectationsIf we hold the 108.2k zone, my first short-term target is the 110.2k structure high, followed by the upper resistance area around 111k where the initial rejection occurred. A reclaim of that zone opens the door to expansion toward 112k. If instead we sweep the PDL and bounce from 106.5k, the first target would be a retrace into the 108.2k imbalance, with the next leg aiming for the same resistance range. Either path sets up a long opportunity from areas of value.ConclusionBitcoin is at an important decision point. The rejection from the 4H FVG and golden pocket confirms strong resistance, and price is now seeking support lower. The 108.2k FVG is a critical zone, a hold here gives us a clean continuation setup, while a failure could lead to a deeper liquidity sweep toward 106.5k. Either scenario offers high-quality trade potential as long as we stay disciplined and wait for confirmation from price action. Patience is key, but both levels present opportunities to position long from areas where smart money typically steps in.___________________________________Thanks for your support!If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀Bitcoin found support inside the FVG, now moving up again

TehThomas

Bitcoin saw a sharp and aggressive drop following Donald Trump’s surprise announcement of a 50% tariff on EU imports. The sudden macro shock triggered broad risk-off flows, with BTC quickly selling off from local highs near 111.3K and tapping into a key fair value gap around 107.5K. Although we’ve seen a short-term bounce since that low, it’s not a convincing bullish reversal. Momentum remains fragile, and the overall structure still favors caution as we trade within a compression zone formed post-drop.Key Technical ZonesWe’re currently trapped between two major 1H fair value gaps that serve as clear boundaries for market direction. The lower zone around 107.5K has provided temporary support, acting as a reaction point after the dump. This FVG was left behind during the early-May rally and is now being tested for the first time. On the flip side, price was rejected earlier today from the upper 1H FVG at 109.8K to 110.7K, which previously served as the base of the last breakdown candle. That rejection confirms sellers are active at that level, and it’s now acting as resistance.We’re essentially in a deadlock between demand and supply, and the next break will determine directional bias for the next major leg.Bullish ScenarioIf bulls can reclaim the 109.8K–110.7K area with strength and close above it convincingly, that would indicate demand has absorbed the supply in that zone. Ideally, we’d want to see a clear bullish displacement to confirm strength, not just a weak grind. In that scenario, BTC could make its way back toward the previous highs and retest the higher resistance zone around 112K. This level lines up with a larger supply zone and could become a key magnet if the market shifts risk-on again or if shorts begin to unwind.Bearish ScenarioOn the flip side, if BTC fails to hold the lower FVG and breaks below 109K with a strong bearish candle or wick rejection from the upper range, it opens the door for further downside. The next target would be the clean liquidity pool near 106K, which is supported by a price inefficiency and unmitigated demand just below. This level also aligns with prior consolidation structure and would be a logical place for a deeper retracement following the news-driven shakeout.Market Context and Decision PointThis is a compression structure formed after a high-volatility event, so it’s important not to get trapped in the middle of the range. Price is coiling between two well-defined FVGs, and whichever one gives way will likely trigger the next expansion move. Look for signs of displacement impulsive candles, clean breaks, and follow-through, to validate which side is in control. Until then, patience is key. Let price choose the path and then follow the momentum.Price Target and Expectations✅ Break and hold above resistance FVG → target 112K🚩 Break and lose the support FVG → target 106KConclusionBitcoin is stuck in a tight battle between bulls and bears following a heavy news-driven drop. The current 1H FVG range offers a textbook breakout setup, with both sides clearly defined. This is not the time to force trades inside the chop. Wait for a clean break, then position for the follow-through. The resolution of this range will likely dictate direction soon, especially as the market continues to digest the macro developments.___________________________________Thanks for your support!If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀Price moved up again, target of 106k is still valid and expected

TehThomas

Bitcoin has been ranging tightly on the 4H chart, and the recent price behavior is starting to look very familiar. When you compare the current structure with what happened in the first week of May, there are some striking similarities. Back then, BTC consolidated in a sideways channel, faked a breakout to the upside, returned into the range briefly, tapped a demand zone, and then exploded higher into a strong rally. That move laid the groundwork for a steep continuation and fresh highs.Right now, we’re seeing a nearly identical flow: a prolonged consolidation followed by an upside breakout, a retrace into the prior range, and a precise reaction off a Fair Value Gap (FVG). These repeat structures often hint at algorithmic behavior or institutional footprints, where similar setups trigger similar outcomes.Structural Context and Price BehaviorThe May 6th move began with a candle close above the range, a retest of the lows and FVG within the previous structure, and then an impulsive breakout that never looked back. This breakout was clean, supported by high volume and conviction. Once the retest held, price surged with minimal drawdown.Now, we’ve just completed a similar sequence. Price closed above the consolidation range, came back in, filled the imbalance (FVG), and instantly found support. It’s also worth noting that both patterns formed after multi-day compressions, which often result in aggressive expansion phases.What strengthens this setup is that the recent FVG fill didn’t just find support, it caused an immediate reaction to the upside. That’s a key sign that demand is active in this area and institutions may have used this as a re-entry point. From a structure standpoint, as long as we’re holding above the green zone (prior range high and FVG area), the bias remains bullish.Liquidity Dynamics and Key ZonesThe green support area acts as a clear line in the sand. It represents the upper half of the previous range and the origin of the most recent displacement. As long as price stays above this level, the idea is simple: the market is still in expansion mode. The recent wick into the zone could also be viewed as a liquidity sweep, drawing in shorts or stop losses before the real move begins.In these kinds of setups, institutions often look for “clean-up” wicks to engineer liquidity, and BTC may have just completed that phase. Now that the liquidity grab has taken place and the imbalance is mitigated, the path of least resistance is likely to be up.Price Target and ExpectationsIf history repeats, BTC could be setting up for a continuation leg that pushes toward a new all-time high. The $110,000 level makes sense both technically and psychologically. It would not only be a round number magnet but also a logical target based on the range expansion from the current structure. Once the local high breaks, momentum could accelerate quickly, especially if the market gets squeezed and forced to reprice aggressively.A clean move toward $110,000 would also align with the broader macro narrative, as BTC continues to show resilience and trend continuation despite periods of consolidation.ConclusionBitcoin is potentially repeating its early-May price structure, where a breakout, retest into a key FVG, and strong bullish reaction led to new highs. We’ve just completed a similar retest and bounce, suggesting we may now be in the early stages of a fresh impulsive move. As long as price remains above the key demand zone, this setup favors continuation, with $110,000 as the next major objective. All eyes on whether the market can break above local highs and maintain bullish momentum into uncharted territory.___________________________________Thanks for your support!If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀Bitcoin is pumping hard, almost at our target of $110k

TehThomas

Market OverviewBitcoin has been trading sideways for more than 8 days now, forming a tight consolidation range with no real breakout in sight. This kind of price action typically signals accumulation or distribution by larger players. While it may seem indecisive on the surface, this phase is often where the market sets its trap. What looks like inaction is actually a setup in progress. Price is compressing, volume is thinning out, and both bulls and bears are being lured in. That’s a perfect recipe for a sudden, aggressive move that wipes out one side entirely.Liquidity StructureThe structure of this range is very clean, which in trading terms usually means dangerous. On the top side, we have a lot of liquidity, just above $105,800. This level has been tapped multiple times but never convincingly broken, and it now acts as a magnet for liquidity. On the flip side, the downside holds multiple clean lows, all clustered under the $100,000 mark. Both ends of this range are packed with liquidity. Smart money doesn’t trade in fair value, it trades where the most liquidity sits, and in this case, both the top and bottom of the range are loaded.Inducement and ManipulationThe real purpose of this kind of range is not balance, it’s inducement. The market is inviting traders to take breakout positions on both sides, knowing full well that it’s unlikely to follow through cleanly. I believe we are currently in the inducement phase of the cycle. The equal highs around $105,800 are baiting breakout longs and short stop-losses alike. A move above that level would act as the stop hunt, triggering the final wave of longs before the rug is pulled. Once that liquidity is taken, I expect a sharp reversal that targets the lows of the range and continues further toward the real pool of liquidity sitting between $98,000 and $97,500.Scenario OutlookThe most probable sequence from here is a fake breakout to the upside, followed by an impulsive selloff. A wick above $105,800 would serve as the signal, and once that inducement is cleared, the move down should be fast and decisive. This drop would take out the range lows and sweep the stops of everyone who tried to buy the breakout. If price does hold above $105,800 and shows continuation with strong volume and follow-through, that would be an invalidation of this short setup and a shift in structure, in which case I would reassess and wait for a pullback before considering any longs.Price Target and ExpectationsThe first key event is the sweep above $105,800. That’s where breakout traders will commit, and that’s where I expect the reversal to begin. From there, downside targets include the low of the range and deeper liquidity near $98,000 to $97,500. This area aligns with a big imbalance zone, inefficiencies and the golden pocket fib level.. The expectation is for a quick drop once the trap is sprung, with a potential for a reaction or even a new bullish setup forming near that demand region.ConclusionBitcoin has been compressing for over a week, and that usually ends with expansion. But expansion is not always trend continuation, especially when the structure suggests manipulation. The current setup looks ideal for a stop run above the range before dumping into deeper liquidity. The key is to wait for the sweep and watch how price reacts. The more obvious the breakout, the more likely it is to fail. Liquidity is king in this environment, and right now, the biggest pockets lie below.___________________________________Thanks for your support!If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀Make sure to follow me for more price action insights, free indicators, and trading strategies. Let’s grow and trade smarter together! 📈Still consolidating, hopefully on monday when the volume is higher we'll get a clear direction

TehThomas

Bitcoin failed to fully fill the large 4h and 1h FVG around the $100,000 zone, front-running the level before bouncing sharply. This type of price behavior suggests strong demand, with buyers stepping in aggressively before the inefficiency could be completely mitigated. The market is now shifting back to a more bullish tone after establishing a short-term bottom near the key higher-timeframe FVG.Consolidation StructureThe price action has been messy and range-bound over the past few days, stuck between the major 1h/4h demand zone around $102,000 and the $105,000 resistance level. Within that broader range, Bitcoin created a new 1h FVG on the push off the lows, which has already been respected intraday around the $103,000 area. That newly formed FVG now acts as short-term support as price grinds upward again toward the prior resistance.Bullish/Bearish ScenariosOn the bullish side, if Bitcoin flips the $104,500 to $105,000 resistance area cleanly into support with a convincing displacement and consolidation above it, there’s a good chance it will break out and target higher inefficiencies above $106,000. That would confirm buyers are in full control and using each FVG as a stepping stone higher.However, if price gets rejected again inside the resistance zone without showing signs of strength or accumulation just below it, we could see another rotation lower back to the $100,000 FVG or potentially even a deeper retest of the broader $97,500 area. A rejection at the highs could align with a sweep of local buy-side liquidity and serve as a trigger for a short-term reversal.Price Target and ExpectationsUpside breakout targets sit around $106,200 and higher, based on the previous price inefficiencies and trend structure. On the downside, if we see rejection, price may revisit $100,000 and possibly test the deeper 4h imbalance zone closer to $97,500 again.Current StanceFor now, price is trading inside the upper portion of the range and grinding into a known resistance area. There’s no clear confirmation yet of either a breakout or rejection, so the next move depends heavily on how price reacts within the $104,500 to $105,000 zone. Watching for either bullish continuation (with a clean flip and hold above) or a strong rejection setup for a possible fade back into the midrange.ConclusionBitcoin continues to respect FVGs both to the downside and upside. The bounce from the 1h/4h demand confirms higher timeframe interest, and the respect of the new 1h FVG around $103,000 shows short-term strength. The next major decision point is the $105,000 resistance. A clean break and flip could signal continuation, while rejection there may trap longs and send price back toward demand.We've respected the mentioned FVG and are now going up again

TehThomas

Bitcoin has broken out of its 1-hour ascending channel with a sharp bearish displacement, ending the slow grind higher that had been in place since the 9th of May. That channel served as a controlled environment for accumulation and small trend continuation, but the move we just saw confirms that the phase of balance has shifted into a clear retracement. The displacement candle was strong, clean, and aggressive, closing well outside the lower boundary of the channel and taking out multiple internal lows in the process. This wasn’t a weak break, it showed intent.From a market structure standpoint, this confirms that short-term control has shifted to the downside. That move also left behind a visible Fair Value Gap just above current price, which is likely to act as a draw in the coming sessions. Unless that FVG gets reclaimed impulsively, this looks like the beginning of a deeper retracement.Consolidation StructurePrior to the break, BTC was building liquidity inside a clean ascending channel. The highs kept getting swept by small wicks, which hints at repeated inducement and short-term stop hunts. The final push into the top of the channel marked the last bullish attempt, and price immediately reversed after that sweep. The moment it broke structure with a high-volume bearish candle, the entire channel was invalidated and turned into supply.We now have a clean CISD framework in play, price consolidated inside a channel, created inducement near the highs, triggered a stop hunt into the upper end of the range, and then dropped with strong displacement. That displacement not only broke structure but also left behind an imbalance that has yet to be filled.Bullish/Bearish ScenariosRight now, the short-term bias is bearish. The break of structure is confirmed, the Fair Value Gap is still open, and there is a clear inefficiency left behind. I expect price to revisit that gap and then reject to the downside again. That would complete the FVG retest leg and open the door for a move into deeper zones.The next key area of interest is around the $100,000 mark, slightly below the current trading range. That level holds both technical and psychological weight. It lines up with a previous breakout zone, an unfilled imbalance, and likely a large pool of resting liquidity from retail long stops and institutional bids. If we reach that zone, I’ll be watching for signs of strength to suggest that this pullback was a liquidity grab before the next leg up.If we do get that tap into $100K and price responds with bullish displacement from there, the bullish narrative would be back in play. That could easily form the base for a new impulse toward all-time highs. However, if $100K fails to hold and price pushes through without a significant reaction, then we’re dealing with a larger correction, and I’d expect continuation toward lower inefficiencies.Price Target and ExpectationsFirst, I expect a small leg up to fill the Fair Value Gap inside the broken channel structure. That area will act as the first test, and if price shows rejection there, I’m looking for continuation toward the $100,000 to $99,500 region. That zone aligns with a clean 1H imbalance and marks the origin of the last strong bullish expansion.If BTC taps into that deeper imbalance and confirms a reversal with clear bullish intent, the stage will be set for a potential breakout into new all-time highs. That’s where I would expect stronger hands to step in and take control. The longer price holds above that $99k zone, the higher the odds we break past the previous high.But if there’s no reaction and price bleeds through $99K, the bullish structure on the higher timeframes would be compromised, and the move could extend toward the mid-$90K range.Current StanceShort-term bearish, waiting for price to retest the FVG inside the previous channel. That will be the first key area where I expect a reaction. If the rejection confirms, I’ll be watching for signs of continuation into $100K.Not interested in chasing price between levels. I’ll either look to short the FVG retest with confirmation or wait for the deeper tap into the $100K zone to look for a long setup. No trades in the middle, only acting at the extremes where the risk-reward makes sense.ConclusionThis setup fits cleanly into a classic displacement narrative. Bitcoin broke out of structure with a high-volume move, left behind an FVG, and is now likely preparing for a short retrace before continuing lower. The $100K zone is the main area to watch — that’s where the next high-probability trade opportunity is likely to develop. If bulls defend that zone and we get bullish confirmation, the path to new highs is still intact. But if $99K fails, I’ll be sidelined and looking for the next major level.The structure is clear, the inefficiencies are visible, and the plan is defined. Now it’s just about waiting for price to do its job.___________________________________Thanks for your support! If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀Make sure to follow me for more price action insights, free indicators, and trading strategies. Let’s grow and trade smarter together! 📈

TehThomas

Bitcoin has officially reached the long-anticipated $100,000 mark, sweeping the psychological round number and clearing out a major pool of liquidity sitting just above it. This move came off the back of a sharp and impulsive leg, likely fueled by both spot demand and late-stage FOMO-driven breakout longs. At the same time, short liquidations added fuel to the upside, pushing price rapidly through thin areas on the volume profile. This type of vertical movement typically doesn’t last long without some form of corrective structure, and now that the $100K level has been tagged and liquidity taken, we can reasonably expect a period of cooling off, either through time-based consolidation or a more price-based retracement.Consolidation StructureThe move up left behind two significant fair value gaps (FVGs) on the 4H chart. The first sits just beneath current price and represents the immediate imbalance created by the impulsive breakout candle. This is the shallowest inefficiency and would be the first area to watch for a potential short-term reaction. The second FVG lies deeper and overlaps perfectly with the 0.618 to 0.65 Fibonacci retracement zone, the golden pocket. This deeper zone is structurally more important, not only because it aligns with the golden pocket ratio but also due to its proximity to the high-volume node clearly visible on the Volume Profile (VRVP). Below this zone, there’s a strong base of support built from the previous consolidation area, making it a prime candidate for a bounce if tested.Bullish/Bearish ScenariosScenario 1: In the bullish continuation case, Bitcoin retraces slightly to fill the shallow FVG just beneath $99K. A clean reaction there, especially if backed by strong volume and low timeframe bullish structure, could lead to a resumption of the trend with a fresh leg upward. This scenario assumes that the current breakout is being respected by the market and that participants are eager to front-run deeper entries. If this plays out, we’d expect a relatively quick reclaim of $100K, potentially building a new higher-low formation before continuing into uncharted territory above $102K.Scenario 2: The second and more complex scenario involves a deeper retracement toward the lower FVG and golden pocket, between roughly $96.2K and $95.2K. This would constitute a cleaner reset of the recent move and allow the market to shake out weak longs who entered during the euphoric breakout. It also opens the door for a possible inducement setup, drawing in early sellers only to reverse at a key confluence zone. The golden pocket, combined with the high-volume node just below, makes this a high-probability demand zone. If we see bullish SFPs, displacement candles, or lower timeframe market structure shifts from there, it would be a strong long entry zone for a reattempt at the highs.Price Target and ExpectationsIf Scenario 1 plays out, we can expect price to reclaim the $100K level fairly quickly, with upside potential toward $102K to $103K in the near term. The risk here is limited, given the shallowness of the retracement, but continuation would likely be more gradual and grindy due to the lack of a proper reset. If Scenario 2 plays out, the bounce from the golden pocket could produce a much healthier structure for further upside, and in that case, targets beyond $104K become more viable. The lower retracement would offer a better R/R and allow the market to rebuild momentum organically.Current StanceRight now, we remain bullish on the higher timeframes, but recognize the need for a local correction. We’re not interested in chasing the breakout blindly, the move has already cleared a major liquidity level and needs to rebalance before any sustainable continuation. We’re watching both FVGs closely. If the first one fills and holds, we’ll look for signs of strength and continuation. But if price breaks deeper, we’ll shift our focus to the golden pocket and bottom FVG as the more attractive long entry. Below that, the VRVP shows thick support, so our bias remains bullish unless we get a confirmed breakdown beneath that base.ConclusionBitcoin has done its job in tagging $100K and clearing the obvious liquidity pool above. What comes next is all about how the market digests that move. Either we get a shallow retracement into the first imbalance and continue higher from there, or we go deeper into the golden pocket and establish a more meaningful base. Both scenarios still lean bullish, the key is patience and waiting for the right structure to develop. There’s no need to force entries here. Let price come to your levels, wait for confirmation, and take the trade when the setup aligns.___________________________________Thanks for your support! If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀Make sure to follow me for more price action insights, free indicators, and trading strategies. Let’s grow and trade smarter together! 📈Bitcoin is still pumping, waiting for the pullback
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