BTC BECOMES 1$ wealth to millionaire
1. Market Structure Analysis (SMC & ICT Concepts)
🔹 Market Trend: Bullish but Weakening
MSS (Market Structure Shift): The price has been trending bullish, making higher highs and higher lows. However, the momentum is slowing down as price struggles near resistance.Liquidity Zones:Buy-side liquidity (BSL) above $86,500 – If price continues upward, it may take out liquidity here before a correction.Sell-side liquidity (SSL) below $85,300-$85,000, which may be a target for liquidity grabs before continuation.
2. Institutional Order Flow & Key Levels
🔹 Order Blocks (OBs)
Bullish Order Block (OB): Around $85,300-$85,500, which aligns with the EMA confluence and could serve as a strong support zone.Bearish Order Block (OB): Between $86,500-$87,000, where liquidity may be hunted before a correction.
🔹 Fair Value Gaps (FVGs) & Imbalances
FVG around $85,300-$85,500 – This is a potential support area where price might react before resuming the uptrend.FVG near $86,500-$87,000 – If price reaches this level, it could indicate a liquidity grab before reversal.
3. Indicator Analysis
🔹 EMAs (9/13/18/25) & Trend Confirmation
Short-term EMAs are above long-term EMAs, confirming a bullish trend.Price is currently finding support on the EMAs, but if it breaks below $85,500, a short-term bearish correctionis likely.
🔹 RSI (Relative Strength Index)
RSI at 55.90, indicating neutral momentum but a potential loss of strength.If RSI drops below 50, it could confirm bearish momentum.
🔹 Volume Analysis
Declining buying volume suggests that bullish momentum is weakening.If volume increases on a drop, it could indicate institutional accumulation.
4. Trade Plan & Recommendations
📈 Bullish Bias (Primary Setup – Long Trade)
Entry: $85,300-$85,500 (FVG & Bullish Order Block)Stop-Loss: Below $85,000 (Liquidity sweep invalidation)Take-Profit 1: $86,500 (FVG & Bearish Order Block)Take-Profit 2: $87,000 (Buy-side liquidity grab)
📉 Bearish Scenario (If Rejection at Resistance)
Entry: $86,500-$87,000 (Liquidity grab & Bearish OB)Stop-Loss: Above $87,500 (Structure invalidation)Take-Profit 1: $85,500 (EMA support & FVG fill)Take-Profit 2: $85,000 (SSL target)
5. Final Insights & Bias
🔺 Bullish Continuation IF $85,500 Holds
Buy dips around $85,300-$85,500 for continuation towards $86,500-$87,000.Watch for bullish rejection wicks to confirm strong support.
⚠️ Reversal Risk IF $86,500-$87,000 Acts as Strong Resistance
If price fails to break $86,500-$87,000, expect a potential reversal towards $85,000.Look for a short opportunity if price rejects this area with high volume.#BTCRebundsBack #BTCDipOrRebound #BTC☀ $BTC $BNB $SOL