The first scenario I envision for Bitcoin is that it will move towards the dynamic trendline when it encounters the big 4-hour gap and also the breaker block and then it will move down again to accumulate liquidity below $90,000. But that is only the first scenario. The second scenario is that everything may change tonight with Trump's speech.
Given the filling of both liquidity shown in the large FVG area where we previously saw a good pump, it seems that the dollar index will once again have the ability to rise to fill the gap that has arisen.
No need for further explanation. The BINANCE:STXBTC chart is on a monthly order block that has pumped the price up heavily in the past. Also, the dynamic trendline has always been a good support for the price. We will see if it can do the same this time.
As you can see on the chart, after the order block shown caused a price pump of more than 100%, the price has now returned to this level. So I think we should not miss the liquidity lines of $0.1214 and $0.1130 because the daily FVG is also located between these two lines.
Amazing chart in weekly, 3D and daily chart. It looks like the liquidity is starting to build for the next big move.
There are two strong FVGs at this point that I suggest you check out.
On the lower timeframe, I see a cup and handle pattern that could likely lead Bitcoin to at least the Launchpad area and then, after breaking it, to the $110,000 target. A close below the lower order block would field this analysis.
