Range Reversal Play: BTC Eyes 78K–80K After Liquidity Sweep

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Range Reversal Play: BTC Eyes 78K–80K After Liquidity SweepBitcoinCRYPTO:BTCUSDCHART_MASTERS_GOLDKey Zone Reaction Clean tap into demand zone (≈ 74.3K – 75.4K). Strong rejection wick → indicates buy-side liquidity + accumulation. 🔄 Your Setup (Bullish Scenario) You’re targeting a move back toward 78K, possibly extending to 80K. This aligns with: Range high resistance Prior distribution area Liquidity resting above highs 📈 Bullish Case If price holds above 75K: Likely continuation toward 78K (range high) Break above → 80K liquidity target Current structure supports a mean reversion move inside the range 📉 Bearish Risk If price fails to hold 74.3K: Range breaks → continuation lower Next likely targets: 73K → 72K zone ⚠️ Key Levels Resistance: 78K → 80K Support: 75.4K → 74.3K 🧠 Trade Logic Aggressive buy: From demand zone (current reaction) Safer entry: Wait for reclaim + consolidation above 75.5K Target: Range high first, then breakout potential 🧾 Summary This is a range play after a liquidity sweep. Your idea is solid: buy low → target range highs, with potential expansion to 80K if momentum continues.