$BTC — Potential Type 2 Spring Setup
$BTC is showing signs of a possible Type 2 spring formation.
Price dipped below the $67K support, swept liquidity, and is now attempting to reclaim that level from underneath.
A strong reclaim and sustained hold above $67K would signal a failed breakdown a structure that often leads to continuation toward the $72K region.
However, if the reclaim attempt fails and price breaks back below the spring low, the setup would likely invalidate and could trigger a sharper downside liquidity flush as sellers take back control.
BTCUSDT
Perp
65,550
-2.52%