Bitcoin Rejects Buy-Side Liquidity | BTCUSD 06/07

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#BTC/USD# Bitcoin Rejects Buy-Side Liquidity | BTCUSD 06/07

BTCUSD H1 has started to lose momentum after sweeping buy-side liquidity near 64,000, increasing the probability of a short-term correction. While the higher-timeframe trend remains bullish, short-term order flow is now favoring sellers following the liquidity sweep and rejection from the recent highs.

The first downside objective is the 62,200–62,500 H1 SMALL FVG, where price may attempt to rebalance the recent imbalance. If sellers maintain control and this zone fails to generate a meaningful reaction, the correction could extend toward the 61,200–61,500 H1 SMALL OB + POI, where stronger buying interest may emerge.

For now, the broader trend remains constructive.

But the next move depends on how price reacts inside the H1 demand zones.

Currently

• Price swept buy-side liquidity near 64,000

• Bullish momentum is fading after the recent rally

• Short-term order flow is shifting in favor of sellers

• A corrective pullback is beginning to develop

• 62,200–62,500 H1 SMALL FVG is the first downside objective

• A break below the FVG could expose the 61,200–61,500 H1 SMALL OB + POI

• Higher-timeframe bullish structure remains intact

Trading Plan

Bias: Bearish Pullback Within a Bullish Structure

Main Zone

• 62,200–62,500 → H1 SMALL FVG

Execution Idea

As long as price remains below the recent liquidity sweep around 64,000, sellers maintain the short-term advantage.

If price respects the recent rejection and continues lower, the 62,200–62,500 H1 SMALL FVG becomes the primary downside objective. A clean break through this imbalance would expose the 61,200–61,500 H1 SMALL OB + POI, where buyers may attempt to defend the broader bullish trend.

A confirmed recovery above the recent liquidity highs would invalidate the pullback scenario and suggest buyers are ready for another expansion.

Targets

→ TP1: 62,200–62,500 → H1 SMALL FVG

→ TP2: 61,500 → H1 SMALL OB

→ TP3: 61,200 → H1 POI

Invalidation

A confirmed H1 candle close above 64,000 would invalidate the bearish pullback scenario and indicate buyers are reclaiming short-term control.

Key Insight

Liquidity sweeps near premium pricing are often followed by corrective moves into nearby imbalances. Until buyers reclaim the recent highs, the focus remains on whether sellers can extend the pullback toward the H1 FVG and POI.

Key Question

Is Bitcoin simply rebalancing the recent rally before another leg higher, or will sellers drive price deeper into the H1 POI before buyers regain control?

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

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