Can Bitcoin Clear This Liquidity? BTCUSD 18/07 for OANDA:BTCUSD by Adrian_NovaTrader
BTCUSD is recovering from a key H4 Order Block and pushing back toward the Internal Buy-Side Liquidity, leading many traders to believe that a larger bullish continuation may already be underway. The problem? Price has only reacted from demand. It has not yet reclaimed the liquidity and premium resistance needed to confirm a stronger bullish expansion. While buyers have defended the recent pullback, the market remains below the H4 Internal Buy-Side Liquidity. Until this area is reclaimed, …
BTCUSD is recovering from a key H4 Order Block and pushing back toward the Internal Buy-Side Liquidity, leading many traders to believe that a larger bullish continuation may already be underway. The problem?Price has only reacted from demand. It has not yet reclaimed the liquidity and premium resistance needed to confirm a stronger bullish expansion. While buyers have defended the recent pullback, the market remains below the H4 Internal Buy-Side Liquidity. Until this area is reclaimed, the current move should be viewed as a recovery rather than a confirmed breakout. For now, buyers are holding the H4 Order Block. But the real test sits just overhead. Currently• Price is reacting from the H4 Order Block• Buyers are rebuilding short-term momentum• Market remains below the H4 Internal Buy-Side Liquidity• Higher Buy-Side Liquidity remains untouched• H4 structure favors further upside while the Order Block holds• Premium resistance is still capping priceTrading PlanBias: Bullish While Above the H4 Order BlockMain Zone• 61,900–62,200 → H4 Order BlockExecution IdeaAs long as price continues holding above the H4 Order Block, buyers may extend the recovery toward the Internal Buy-Side Liquidity around 65,000. A successful reclaim of this liquidity could open the door for a continuation toward the higher Buy-Side Liquidity near 66,800–67,200. However, rejection from the Internal Buy-Side Liquidity would increase the probability of another pullback into the H4 Order Block before buyers attempt another expansion. Targets→ TP1: 64,500 → Recent Swing High→ TP2: 65,000 → H4 Internal Buy-Side Liquidity→ TP3: 66,800–67,200 → H4 Buy-Side LiquidityInvalidationA confirmed H4 candle close below the 61,900–62,200 H4 Order Block would invalidate the bullish scenario and suggest sellers are regaining control of the market. Key InsightA reaction from an Order Block is only the first step. The real confirmation comes when buyers reclaim the H4 Internal Buy-Side Liquidity and turn resistance into support. Key QuestionIs Bitcoin building enough momentum to reclaim the H4 liquidity above, or is this simply another rally before sellers step back in?📊 Welcome📈 Personal Market Analysis🔍 Technical Analysis & Liquidity📚 Educational Trading Content📝 Trade Setups & Market ReviewsJoin here:t. me/+XGtKJ5KxlehmNjU1Chart PatternsTrend AnalysisWave AnalysisDisclaimerThe information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in theTerms of Use. DisclaimerThe information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in theTerms of Use.