This is what I have for BTC on the 1 Hour with Deep SMC Analysis
Updated
Retail traders got their stop loss sweeped from that liquidity hunt.
There is a 4 hour imbalance coupled with a previous liquidity sweep which dragged price downwards like a magnet.
This should add some short-term bullish fuel for bitcoin, in some cases this adds long-term bullish fuel for this asset.
I expect price to recover upwards during this time horizon.
There is a 4 hour imbalance coupled with a previous liquidity sweep which dragged price downwards like a magnet.
This should add some short-term bullish fuel for bitcoin, in some cases this adds long-term bullish fuel for this asset.
I expect price to recover upwards during this time horizon.
Note
Keep in mind that price might gravitate lower to fill that 4 hour imbalance fully before it pushes up. I'm assuming big financial institutions have placed small orders at this area to stop the strong bearish momentum, but not big orders to move the market to a high degree in short time horizons. There is a low to medium probability order block sitting at 26750 that could possibly push price downwards once this level is reached.
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