🟠 #BTC Update #3 – July 5, 2025
Bitcoin is currently in a corrective phase following its latest impulsive move. To confirm that the correction is complete, I’d need to see a fresh impulsive leg. Until then, price may continue to pull back.
Looking at the liquidation heatmap, I’m seeing stacked liquidity between $107,100 and $106,500. Based on that, I wouldn’t be surprised to see BTC wick down toward $106,000, sweep that zone, and potentially initiate a long-biased impulsive bounce.
If that bounce materializes, my first target is the $110,000 region. It’s also worth noting that Bitcoin is currently sitting inside a supply zone, which could add short-term resistance before any breakout.
Bitcoin is currently in a corrective phase following its latest impulsive move. To confirm that the correction is complete, I’d need to see a fresh impulsive leg. Until then, price may continue to pull back.
Looking at the liquidation heatmap, I’m seeing stacked liquidity between $107,100 and $106,500. Based on that, I wouldn’t be surprised to see BTC wick down toward $106,000, sweep that zone, and potentially initiate a long-biased impulsive bounce.
If that bounce materializes, my first target is the $110,000 region. It’s also worth noting that Bitcoin is currently sitting inside a supply zone, which could add short-term resistance before any breakout.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.