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Technical analysis by The_Alchemist_Trader_ about Symbol BTC: Sell recommendation (11/2/2025)

https://finbeet.com/message/3888093
The_Alchemist_Trader_
The_Alchemist_Trader_
Rank: 7978
1.5

Bitcoin Consolidates Within Range — Liquidity Below $100K

Message Type:Sell
Price at Publish Time:
$110,601.33
Sell،Technical،The_Alchemist_Trader_

Bitcoin’s current price action remains range-bound, trading between key daily support and resistance levels. Price is consolidating near the Value Area Low, hinting at a potential accumulation phase, yet the presence of untapped liquidity beneath weak lows introduces the probability of another downward sweep before continuation. From a structural standpoint, the $100,000 region stands out as a crucial liquidity pocket. If price dips into this zone, it could trigger a Swing Failure Pattern (SFP) setup — a liquidity grab below prior lows, followed by a possible reversal back toward the $122,000 swing high. Key Points: - Range Structure: Bitcoin remains trapped between daily support and resistance, signaling indecision. - Liquidity Zone: Weak lows below $100K could be targeted before reversal. - Potential SFP Setup: A sweep below $100K could fuel a move back toward $122K. Overall, Bitcoin continues to trade in equilibrium, with no decisive breakout yet confirmed. What to Expect: Expect Bitcoin to stay range-bound in the near term, with a higher probability of a corrective move toward $100K before any upside rotation. A confirmed SFP from this region could reignite momentum back toward $122K.

Source Message: TradingView