Bitcoin - A Deep Sweep Setting Up the Next Expansion

[lingriiddd]

Bitcoin just swept the monthly low of August as well as the previous day’s low. This was a clear liquidity grab that lined up with today’s bullish momentum in the market. The strong reaction from this zone shows that buyers were waiting for these liquidity levels to get cleared before stepping in.

Liquidity Sweep and Reaction
The sweep was significant because it cleared out resting sell-side liquidity to the left. This kind of move usually sets the stage for a reversal, and the large impulse candle confirms strong demand stepping in. While some might see this as just a reaction to external events, the technical picture supports continuation higher.

Immediate Target
The first target is sitting around 117,000. This level lines up with short-term inefficiencies and is a logical magnet for price in the coming sessions. I expect this liquidity pool to be swept before any meaningful retracement.

Retracement Expectation
After hitting the first target, I anticipate a move back down to fill around 50% of the large green impulse candle. Big candles like this often retrace partially before continuing their main direction. That retracement will provide a cleaner structure and a chance for re-entries on lower timeframes.

Higher-Timeframe Objective
Once the retracement plays out, the bigger objective sits higher at the unmitigated 4H fair value gap around 120,500. This area remains untouched and is likely to act as a price magnet as the market seeks balance.

Conclusion
The sweep of key lows combined with the strong impulsive move is a bullish development. I expect price to first tag 117,000, then retrace into the large candle before resuming higher towards the 4H FVG.

[Nahid10]

Perfect breakdown. The sweep of August’s monthly low + daily low was a textbook liquidity grab. It’s amazing how often these setups play out — clear out stops, trap shorts, then send it with a strong impulse candle. Targeting 117K makes total sense as the next liquidity magnet, and I’m with you that a 50% retrace of that green candle would be a healthy pullback for continuation. Love the way you mapped both short-term and HTF objectives here.

[jacson4]

This is the kind of analysis traders need to see — not just chasing momentum but respecting liquidity sweeps and structure. I like how you framed the path: sweep → 117K → retrace → 120.5K FVG. That’s a clean roadmap instead of noise. The key will be patience around the retracement zone; too many get shaken out by healthy pullbacks. Great callout on how liquidity and inefficiencies drive the market like magnets.

[Maxwell]

"Beautiful liquidity sweep — clearing the lows before a strong impulse is textbook bullish structure. 117K makes perfect sense as the next magnet.

[rafihasan]

That reaction candle was the confirmation buyers were waiting for. Retrace into 50% of the impulse would be a prime re-entry spot

[Nahiar806]

Agree on the 120.5K target — unmitigated FVGs almost always get filled once momentum shifts like this