1D: Macro Demand Revisit – Sweeping to the Daily Order Block

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1D: Macro Demand Revisit – Sweeping to the Daily Order BlockBitcoin / U.S. dollarBITSTAMP:BTCUSDPrime_X_Trader1. Macro Market Structure Tracking (The Backstory) The Accumulation & CHoCH (Feb - Mar): Early in the year, Bitcoin established a solid floor around 60,000. It then experienced a CHoCH (Change of Character) to the upside, signaling institutional accumulation and shifting the macro trend from bearish to bullish. The Expansion & Break of Structure (BoS) (Apr - May): As the bullish momentum continued, price printed multiple BoS (Break of Structure) markers, pushing higher and creating new swing highs above 76,000 and into the 80,000 handle. 2. The Manipulation Phase & Higher Timeframe Points of Interest The Deep Correction (Late May - June): Over the last few weeks, Bitcoin suffered an aggressive, vertical sell-off. This capitulation candle structure was engineered to flush out all retail buyers who chased the highs. 1 DAY ORDER BLOCK Demand Floor: This severe drop has brought price perfectly down into the ultimate macro demand zone: a massive 1 DAY ORDER BLOCK resting between 58,000 and 61,000. This is the exact origin zone that started the massive spring rally back in February. Current State: The live price is sitting right at 60,194, meaning Bitcoin is currently testing the heart of this institutional demand zone right now. 3. The Multi-Step Macro Bullish Pathway The black directional arrows project a major macro trend reversal originating from this daily demand zone: Step 1: First Leg into 1 DAY FVG: Price is expected to find significant buying interest at 60,194 and bounce aggressively up toward 72,000, aiming directly for a bearish imbalance marked as a 1 DAY FVG (Fair Value Gap). Step 2: The Brief Correction / Retest: Upon hitting the 1 DAY FVG supply, a healthy pullback is projected as early sellers attempt to fight the bounce. Step 3: Expansion to the 1 DAY ORDER BLOCK: Once that local counter-trend supply is absorbed, the final structural path maps a massive macro expansion leg straight up into the premium 1 DAY ORDER BLOCK overhead, targeting the 80,000 – 84,000 liquidity highs.