Killa|8月 18, 2026 18:27
BTC
The main POI worth observing is the 65.7K region. This level is more important than people realise.
When we broke down from 74K to 59K, we left a huge imbalance above us. In the process, a significant amount of untapped liquidity was created overhead, which I know will eventually be swept.
We also have heavy compression around both the local highs and lows. Since we're still in a range, either side can break first.
Bulls do not want to see 61–62K lost. If that happens, we could form a 3 drive bottom, potentially sweeping the low 50Ks before finally pushing higher.
However, if we replicate the 2022 bottom formation, there's also a possibility that we don't sweep the lows.
That would make positioning extremely uncomfortable, as most people naturally want to enter after a liquidity sweep.
Ultimately, it's a matter of:
Accept 65.7K > squeeze towards 70K
or
Break the lows with force > push into the low 50Ks > finally bottom.(Killa)
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