#BtcNewHolder Btcusdt up trend Bitcoin's current price is around $93,984, with a daily high of $95,048 and a daily low of $92,869 ¹. To identify potential support levels for Bitcoin today, let's analyze the market using the Smart Money Concept and other indicators.
200-Day Moving Average*: $89,100
- *50-Day Moving Average*: $93,400
- *Fibonacci Retracement*: $90,300 (0.618), $88,100 (0.786)
- *Bollinger Bands*: $90,800 (Lower Band), $96,200 (Upper Band)
Potential Support Levels
Based on the analysis, potential support levels for Bitcoin today are:
1. *Primary Support*: $92,500 - $93,000
2. *Secondary Support*: $91,500 - $92,500
3. *Tertiary Support*: $90,300 - $91,500
Smart Money Concept Analysis
The Smart Money Concept suggests that institutional investors and market makers often leave "footprints" in the market, which can be identified through specific price patterns and indicators. Based on this concept, potential support levels for Bitcoin today could be:
- *Order Block*: $92,500 - $93,000
- *Liquidity Pool*: $91,500 - $92,500
- *Imbalance*: $93,000 - $93,500
Technical Indicator Analysis
In addition to the Smart Money Concept, let's analyze some technical indicators to identify potential support levels:
- *200-Day Moving Average*: $89,100
- *50-Day Moving Average*: $93,400
- *Fibonacci Retracement*: $90,300 (0.618), $88,100 (0.786)
- *Bollinger Bands*: $90,800 (Lower Band), $96,200 (Upper Band)
Potential Support Levels
Based on the analysis, potential support levels for Bitcoin today are:
1. *Primary Support*: $92,500 - $93,000
2. *Secondary Support*: $91,500 - $92,500
3. *Tertiary Support*: $90,300 - $91,500
