#BTCUSDT #BTC $BTC
Yesterday, as I shared in my analysis, Bitcoin indeed began its anticipated decline to collect liquidity. However, at the intermediate level of 93,500–93,700, an aggressive buyer stepped in, demonstrating strength by forming a bullish engulfing pattern on the hourly timeframe. (Unfortunately, I can’t constantly publish updates since market changes happen too quickly. My indicator helps me track sentiment shifts effectively.)

Currently, there is a significant imbalance in the area I’ve marked in white. Waiting for the price to drop there is a 50/50 chance, but all potential entry points are still below that. Those without a position will need to look for entry points on smaller timeframes, even though I highlighted a key entry point during yesterday’s sentiment change.

In my view, Bitcoin is targeting the 116,000–120,000 range, based on my calculations. We’ll monitor closely and protect positions with stop-losses. Wishing everyone profits—stay tuned!

P.S. If you need my indicator, feel free to reach out anytime! 🤙🏻