$BTC

📊 New Day, New Data

Yesterday’s bounce gave some short-term relief, but lacked real strength. Here’s what I’m watching next 👇

Price:
Price is currently sitting in the most refined 15-minute demand zone, which could trigger a bounce.

That said, both the weekly high and the weekly low remain weak pivot points. Based on current price action, I don’t expect the high to be taken out, which makes lower prices more likely in the near term.

Time (Daily):
⚠️ 37% chance to take out the high
❌ 98% chance to take out the low if the high holds
⚠️ 92% of daily highs form after 00:05
🟠 Bias: neutral

Time (London Session):
✅ 28% chance to take out the low
❌ 97% chance to take out the high if the low holds
🟢 Bias: bullish

Distance (Daily):
✅ 22% chance to take out the high
❌ 95% chance for more displacement
🔴 Bias: bearish

Distance (London Session):
⚠️ 41% chance to take out the low
❌ 100% chance for more displacement
🟠 Bias: neutral

Plan:
On the lower timeframes, I’d ideally like to see a sweep of yesterday’s high to tap into supply. Still, I won’t rule out the possibility that price continues to flush lower straight from here.