#BTCBreaksATH $BTCUSD Bitcoin’s 4H Trap Zone: Institutional Liquidity Sweep or Wave 5 Ignition?

Trade Setup: BUY

Entry: $120,500 (FVG + 0.618 Fib + mitigation zone)

TP1: $126,000 (Wave 3 target + liquidity zone)

TP2: $132,000 (projected Wave 5 extension)

SL: $114,400 (below order block and invalidation zone)

🧭 Actionable Insights & Confluence

SMC BOS + FVG + Fibonacci + Elliott Wave all converge at $120.5K as a high-probability re-entry zone.

Dow Theory confirms trend; volume supports institutional breakout.

Candlestick + RSI + MACD validate bullish momentum and impulsive structure.

Psychological Checkpoint: Avoid chasing price near $125K. Wait for retracement into FVG. Stick to disciplined risk management—5% max equity drawdown per setup.