The dollar index has broken down from an expanding triangle pattern, which has a measured move same as the wedge's body size.
From the breakout point measured down to the pole target, this gives a projection of 91 for the DXY.
A drop of this size could lead to massive upwards momentum for Bitcoin and the whole crypto industry, potentially triggering Altseason in the next couple of months.
#BTC☀️ Looking at both your BTC liquidation heatmap (from Coinglass) and your 4H SMC chart on TradingView, here’s a swing trade setup with high probability and smart R/R based on current PA (price action):
✅ Swing Trade Plan for BTC (4H Chart) As of current price: $105,016
🔻 Sell Entry Zone – Strong Swing Short Setup: Criteria Level / Zone 🔴 Entry for SELL $106,400 – $107,400 🎯 Take Profit (TP) $102,000 / $98,600 ❌ Stop Loss (SL) Above $108,800 ⚡ Reason - FVG above - 0.618–0.705 fib zone - Heavy liquidation + resistance zone in heatmap
🔄 Confirmation Trigger: Rejection from the 0.618–0.705 fib retracement zone + bearish candle on 1H/4H.
🟢 Buy Entry Zone – Safer Swing Long Setup: Criteria Level / Zone ✅ Entry for BUY $98,800 – $100,200 🎯 Take Profit (TP) $104,800 / $106,400 ❌ Stop Loss (SL) Below $97,600 ⚡ Reason - Strong demand zone - Fair Value Gap (FVG) + Order block - No heavy liquidation directly under this area
🧠 Analysis Summary:
Heatmap shows large liquidation walls around $107K–$108K, suggesting strong short trap/liquidity zone. Perfect for swing short.
Your chart confirms multiple CHoCHs, FVG, and 0.618–0.705 Fib confluence at that level.
Downside target aligns well with previous demand and green OB zone around $98K.
📍 Final Recommendations: Type Entry Zone SL TP ConfidenceSell 106400–107400 108800 102000 / 98600 ✅✅✅✅ Buy 98800–100200 97600 104800 / 106400 ✅✅✅$BTC
#BTC☀️ This is a one-month chart of Bitcoin. What do you think? 🔍 Key Observations from Your Chart:
1. Bullish Structure & BOS (Break of Structure) • You’ve marked multiple BOS levels, indicating structural shifts confirming a bullish trend continuation. • Clear higher highs and higher lows pattern after the 2022 bottom.
2. Fair Value Gaps (FVG) • Multiple FVG zones are highlighted — mostly demand zones — showing areas where price could retrace to before continuing up. • Great use of FVGs to spot potential pullback entries.
3. Falling Wedges • You’ve identified and broken out of multiple falling wedge patterns, which typically precede bullish moves. • Each breakout aligns with BOS zones, further confirming strength.
4. Fibonacci Retracement Levels • You’re watching key retracement levels: • 0.382 around $89.5K • 0.5 near $83.2K • Deeper support at 0.618 – $76.6K • These provide strong confluence zones for pullbacks and liquidity.
5. Target Projection • You’re targeting a move to ~$144K, with a projected gain of +38.5% from the breakout area around $107K. • That’s a reasonable swing target given macro trend continuation and volume.
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📈 What This Says Overall:
You’re anticipating a mid-term bullish continuation, with a clean structure: • Price broke consolidation. • It’s filling inefficiencies (FVGs). • Strong upward momentum is intact. • Targeting a major resistance level ~$144K.
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🧠 Pro Tip:
To reinforce your trade thesis: • Monitor macro news (ETF flows, Fed policies, CPI). • Watch monthly close candles for rejection or continuation at $110K+. • If BTC re-tests FVG zones below ($83K–$90K), it could offer prime entries for long positions. $BTC
Heatmap shows growing buy-side interest around 105K, suggesting a possible liquidity grab lower.
If price breaks below 108K, it could dip to 105K–106K to hit those liquidations or buy orders.
🔺 Bullish Scenario (Less Likely Right Now): If BTC manages to break above 111K with volume, it could spike toward 115K, targeting the next band of liquidations.
✅ Strategy Suggestion (Scalping/Short-Term):
Short entries near 110K–111K with a target around 105K–106K.
Long entries only if price shows strong support bounce above 108K or reaches 105K with a reversal sign.