$BTC BTC/USDT Analysis - 1D Chart

Method: Wyckoff, ICT Smart Money Concepts (SMC), Price Action, Supply & Demand

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Overall Trend & Market Structure

Main Trend (HTF - 1D)

• BTC is in a downward correction trend after forming a local peak at 109,588 USDT.

• Currently trading around 82,174 USDT, near an important support area.

• A medium-term downtrend has formed after the price broke the support area of 96,725 - 89,468 USDT.

Market Structure

• The price has created a lower high (Lower High - LH) and a lower low (Lower Low - LL) → Bearish structure.

• If the price holds the area of 81,565 - 76,606 USDT, a bullish reaction may occur.

• If this area is broken, BTC could decline further to 74,956 USDT or lower.

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Wyckoff Model & Smart Money Structure

Wyckoff Accumulation Scenario (Potential)

• The price may be in the final stage of the accumulation process (Phase C - Spring).

Entry Strategy

Long Scenario (Buy) - High Probability

• Entry: 76,600 - 81,500 USDT (Wait for price rejection signals, Bullish Engulfing, or Pin Bar).

• SL: 75,500 USDT.

• TP1: 89,000 USDT.

• TP2: 96,000 USDT.

• TP3: 103,000 USDT.

⏳ Probability: 75% if the price reacts strongly at the Demand area.

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Short Scenario (Sell) - If the price retraces to resistance

• Entry: 89,500 - 96,500 USDT (Wait for price rejection signals, Bearish Engulfing).

• SL: 98,000 USDT.

• TP1: 82,000 USDT.

• TP2: 76,600 USDT.

⏳ Probability: 65% if the price hits Supply and is rejected.

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6. Conclusion & Recommendations

• Prioritize Long if the price holds above 76,600 - 81,500 USDT.

• If the price retraces but does not exceed 96,500 USDT, consider Shorting at this area.

• If it drops below 76,600 USDT, avoid Long and wait for a lower support area.