Divergence Confirmed at the Lows — The Road to $100K Begins

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Divergence Confirmed at the Lows — The Road to $100K BeginsBitcoin / U.S. dollarBITSTAMP:BTCUSDMagic_Trader_IRBitcoin printed a clear bullish divergence at the $57,000–$67,000 lows on both the Daily and Weekly timeframes — a strong signal that selling pressure was exhausting and a structural shift was underway. Following this divergence, price broke higher with strong momentum, now setting its sights on the liquidity resting above $97,000 and the psychological round-number target at $100,000. 📍 Near-term expectation: before continuation, a corrective pullback into the $70,000–$75,000 zone is likely — a healthy retracement to rebalance the move. 📍 If confirmation signals appear in that zone (rejection wicks, bullish structure shift, momentum shift on lower timeframes), the stage is set for a bullish AB=CD continuation pattern, projecting the next leg toward the $97K–$100K liquidity zone. Bias remains bullish as long as the $70K–$75K zone holds as support. A break below would invalidate this structure and call for reassessment. ⚠️ Shared for educational purposes only — not financial advice.