$BTC | Update (4H)
Looking for a bounce from the 63.6k-63.2k region, followed by a retest of the 64.6k-65.5k region.
Yesterday's dump came after rejecting both the top of the channel and the LTF S/R, creating a significant imbalance to the upside that I'm expecting price to go back up and fill it.
The key support zone for bullish continuation is 63.6k. If we lose this level and then reject it on the retest, it will open the room for a move all the way back down to the current low around 57k.
The daily structure remains bullish for now, so as long as we continue to hold the 63.6k-63.2k region, I'll be treating this move as a bullish pullback.
If we get a decent bounce from this support zone, Then I'll be looking for a reclaim of 64.6k-65.5k on revisit for validating a push towards the highs and finally take the liquidity above 67.4k, which was front-run previously.