The Bitcoin price action from late May to late June displayed an ultra-clean HTF bullish 3 drives pattern, with the third tap occurring at the most significant local liquidity area around $98,500, effectively taking out nearly the entire FVG left behind at the beginning of May. This final tap was particularly relevant, as it aligned with two key factors: it was delivered on major news flow (war escalation) and confirmed by an immaculate failed auction, a clear sign that the market strongly rejected lower prices. This trapped late sellers (“war escalating, BTC going way lower”) and fueled a powerful reversal. What makes this reversal different from previous upward impulses is the context: it occurred while majors were also sweeping their own significant local levels. (missing ETH, not necessary though) Technically, this provides enough momentum and structural integrity to sustain price action and avoid another fake breakout. If we see a strong burst and acceptance above the next critical highs at $110,765/$111,965, I’ll be looking for a push into $114,000, followed by a potential correction and another impulse toward $120K. That $120K zone remains my primary target for a full BTC scale out, as price would then be trading at an extreme premium with a highly unfavorable risk/reward ratio. At that point, USDT D. nearing the 4% area will start to play a critical role, possibly indicating a shift in flow. There are multiple bullish targets and liquidity zones around that region, so I’ll be increasingly cautious, looking for at least partial but consistent TPs, while watching for relative PO3 models to develop. This scenario becomes increasingly likely as long as we hold the EQ of the HTF range, which stands at 105.000. Lower levels? It's possible, especially in the high 101s/102s that could be picked fast, but it's important to preserve those regions and not start closing below, otherwise the risk for seeing the 90s will start to increase substantially. (thus likely offering another powerful bounce across the board in my opinion) As mentioned on June 9th, I still hold the view that we’re setting up for a bullish swing on altcoins, supported by the correlated conditions on BTC D, T2, OTHERS, and the structure being built on ETH. There are several liquidity magnets above that could drag up prices and if the thesis plays out as expected, these upside targets are well within reach. Regardless, I personally think there's not much time left and everything should move in the next 2 months.