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Muzammil Web3
$BTC range formation is getting interesting. 👀
After the rejection near $87K, BTC is hovering around $83K, and I'm watching for one more move above the range highs to grab liquidity.
My preferred scenario:
→ Sweep the highs
→ Reversal back into the range
→ Flush toward the $78K macro pivot
→ Reclaim the range and build momentum for a breakout
That $78K area is where I'd pay close attention to the reaction.
A sweep alone isn't a reversal signal. I want to see buyers step in and reclaim key
