BTC/USDT | Tests ahead! (READ THE CAPTION)
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As you can see, the BTC is ranging between the Demand zone and IFVG. BTC dropped to the mean threshold of the demand zone before going back up to the low of the FVG, at $88,350 level, then again dropping to the high of the Demand zone, at $86,680 level.
At the moment, BTC doesn't seem to be making any meaningful movements. If BTC fails to bounce back from the Demand zone and goes lower, a drop to 80,955, the high of the Bullish OB is likely to happen.
If BTC manages to bounce back up and go through the IFVG, it can go up all the way to the low of 4H FVG at 94,515 to challenge it once more. -
Upcoming tests will decide short-term market direction.
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BTC reactions at key levels matter more than the headline.
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This highlights why position sizing matters as much as conviction.