š¢ Posted by: Ravana Master Trading
š BTC/USDT Analysis ā Where is Bitcoin Heading Next?
Bitcoin has shown extreme volatility, making traders wonder whether this is a temporary correction or the beginning of a bigger move. Letās break it down using multiple timeframes and an accurate Smart Money Concept (SMC) signal for the best trading strategy!
š 1. Weekly Timeframe (1W) ā Bullish Momentum with a Warning!
š Bitcoin recently hit a weekly high of $109,588, confirming a strong uptrend.
š¶ Golden Cross formed, signaling bullish strength.
š However, the price rejected the upper Bollinger Band and is retracing, indicating a correction phase.
ā
Verdict: Still bullish in the long term, but a temporary pullback is in progress.
š 2. Monthly Timeframe (1M) ā Bullish Structure, But Losing Strength!
š Bitcoin dropped below $90,000, confirming a correction.
š MACD remains bullish, but momentum is slowing down.
š¶ RSI is above 60, indicating that BTC is not in a bearish zone yet.
ā ļø The price action suggests a potential consolidation before the next major move.
ā
Verdict: Long-term bullish, but short-term uncertainty remains.
š 3. Daily Timeframe (1D) ā Bearish Breakdown!
ā ļø Price plunged to $86,050, breaking below key support levels!
š MACD shows strong bearish momentum, with both MA(7) and EMA(7) sloping downward.
š¶ RSI is in the oversold zone (below 30), signaling a potential short-term bounce.
š Bollinger Bands show price breaking below the lower band, a sign of extreme selling pressure.
ā
Verdict: Short-term bearish, but an oversold bounce is highly possible!
š¢ SMC (Smart Money Concept) Signal ā Where Liquidity Lies!
š„ Order Block (OB): The last bullish candle before the price drop around $92,000 - $94,000 is a key supply zone (strong resistance).
š Liquidity Sweep: Bitcoin has tapped into major liquidity below $86,000, suggesting a possible reaction from Smart Money.
š Breaker Block: If BTC reclaims $89,000 - $90,000, it could trigger a bullish continuation back to $95,000+.
šÆ SMC Strategy:
š¹ Bearish Bias: If BTC gets rejected from $92,000-$94,000, expect further downside towards $82,000 - $80,000.
š¹ Bullish Confirmation: If BTC holds above $90,000, smart money could push the price back to $100,000+.
š„ Market Prediction ā Whatās Next for BTC?
š If BTC holds above $86,000, expect a short-term bounce to $90,000 - $92,000 before deciding the next move.
š If BTC breaks below $86,000, the next key support lies at $82,000 - $80,000.
š The long-term trend is still bullish, but short-term traders should be cautious of further dips.
š” Strategy:
š Short-term traders ā Look for bounces from key liquidity zones but manage risk carefully.
š Long-term investors ā This could be a buy-the-dip opportunity before the next rally!
š¢ Stay updated for more market insights ā Follow Ravana Master Trading! š„
#Bitcoin #CryptoTrading #BTCUSDT #SmartMoneyConcept #OrderBlock #LiquiditySweep #Bullish #Bearish #CryptoAnalysis
#TradingSignals