Bitcoin - Shortterm correction in the bullish trend!

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Introduction
The Bitcoin price action is currently moving within a structured range where both liquidity and fair value gaps (FVGs) are playing an important role in shaping potential market direction. By analyzing the chart, we can identify key areas of liquidity, resistance, and support that traders are likely to pay close attention to in the coming days. Understanding how price reacts around these zones will help anticipate whether bulls can maintain control or if bears will attempt to reclaim lost ground.

Upside liquidity
At the top of the range, we can see a clear liquidity area where price previously reversed. This liquidity pool represents buy-side liquidity, and the market could be drawn towards it as price seeks to sweep the highs. Liquidity is often targeted by the market before making a significant move in the opposite direction, which makes this area important to watch closely.

Resistance from the 4h and daily FVG
Before price can reach higher liquidity levels, it must contend with a strong resistance zone that overlaps with both the 4-hour and the daily fair value gap. This confluence strengthens the resistance, making it more likely that price will struggle to break through immediately. Traders will be watching for signs of rejection within this area, which could cause short-term pullbacks before any potential breakout.

4h FVG and CME gap support
On the downside, the 4-hour fair value gap aligns with the CME gap, providing a strong support level. This zone acts as an attractive area for price to retrace into before continuing higher. It is common for the market to return to such imbalances to fill inefficiencies, so a temporary dip into this support could serve as a healthy retracement before bulls attempt to push price further upward.

Bullish inversion
Another critical development is the inversion zone, where previous resistance has now flipped into support. This shift highlights that bulls are taking control of the market structure, strengthening the overall bullish outlook. As long as this inversion level holds, buyers are likely to defend it aggressively, reducing the probability of a deeper breakdown.

Final thoughts
Overall, the market remains in a bullish posture with upside liquidity acting as a magnet, but significant resistance awaits at the overlapping 4h and daily FVG. Short-term pullbacks into the 4h FVG and CME gap support are likely before the next major move upward. If the bullish inversion continues to hold, we could see a strong push towards the higher liquidity zones, potentially targeting levels beyond 117,000. The coming days will be crucial in determining whether bulls can maintain this control or if resistance proves too strong.

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BTC is going up. Bulls still have control