🔍 Technical analysis - Bitcoin / USDT - Daily timeframe.
1. General trend.
Current trend: Clearly bullish after breaking strong resistances and confirming Break of Structure (BOS).
Previous trend: Corrective downtrend successfully surpassed.
Confirmation of reversal: Exceeding important structural levels, especially above 96,000 USD.
2. Key levels.
Important supports:
96,000 – 97,000 USD: Very strong support at the 61.8% Fibonacci level.
92,000 – 93,000 USD: Medium support at 50% Fibonacci with demand zone.
84,000 – 88,000 USD: Historical and structural support.
Resistances:
103,000 – 105,000 USD: Current resistance within a strong supply zone.
108,000 USD: Final resistance at a structural peak (Weak High).
3. Momentum and overall bias.
Strong momentum continues since early April, with consecutive breaks of BOS areas.
Currently entered a red supply zone which may lead to a temporary correction.
Potential price divergence calls for caution before new buying.
4. Strong support and resistance zones.
Supports:
97,000 – 96,000 USD: Very important area for safe entry.
93,000 USD: Advanced defense zone.
88,000 USD: Important local bottom.
Resistances:
103,000 – 105,000 USD: Current supply zone.
108,000 USD: Weak high that may be targeted for liquidity.
5. Liquidity accumulation zones.
Below the price:
93,000 – 96,000 USD: Contains inactive liquidity amounts.
84,000 USD: Previous accumulation likely to be revisited in case of deep correction.
Above the price:
108,000 USD: Area with institutional sell orders and buy stops.
6. Safe entry and exit zones.
✅ Safe entry (Buy):
Area 96,000 – 97,000 USD after a potential correction.
Secondary entry from 92,000 USD if the price drops further.
🎯 Take profit targets (TP):
First target: 105,000 USD.
Second target: 108,000 USD.
Distant target: 112,000 USD if the previous peak is broken.
❌ Stop loss (SL):
Clear break below 92,000 USD.
Strict stop at 88,000 USD.
7. Additional follow-up zones.
Watch the area 103,000 – 105,000 USD: Any strong rejection from it may indicate a correction.
If 108,000 USD is broken, we may witness a strong acceleration towards new highs.
8. Market maker moves and smart money.
Organized breakouts with clear dominance from smart money.
Absorption of lower liquidity in the 80–90 thousand USD zones, then price launched upwards.
The market is currently in a pull zone for new buyers (potential buy trap) before a correction.
9. Special recommendations.
For speculators:
Do not enter now, wait for a return to 96,000 USD with confirmation of a reversal candle.
Stop loss below 92,000.
For medium-term traders:
Gradual entry from 96,000 to 93,000.
First target 105,000, and second target 108,000.
Stop at 88,000.
For investors:
Entry in installments, taking advantage of any strong correction.
Strategic targets: 112,000 – 120,000 – 130,000 USD.
Final stop loss: Below 84,000.
