Bitcoin
Long
Updated

BTCUSD NEW UPDATE H1 BTC Target 94000

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This BTC/USD 1-hour chart from TradingView represents a structured technical analysis using classical price action methodologies, integrating liquidity zones, market structure, and predictive modeling for potential price movements.


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1. Market Structure & Key Levels

Support Zone (~$84,000–$85,500):

This area acts as a demand liquidity pool, where historical price action shows aggressive buying interest.

The sharp wicks and rejections indicate institutional absorption of sell orders, reinforcing the zone's validity.


Resistance Zone (~$93,500–$94,500):

Price has failed to break this region multiple times, confirming it as a strong supply zone.

Prior liquidity grabs (wick spikes into resistance) suggest stop-hunt activities by market makers.




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2. Liquidity Dynamics & Smart Money Concepts

Market Maker’s Role:

The chart depicts classic "manipulation before expansion", where price sweeps liquidity below local lows before an impulse move upward.

The marked yellow circles identify engineered liquidity grabs, where stop-losses of retail traders are triggered before a reversal.


Current Market Positioning:

Price is hovering near support, forming a potential Spring (Wyckoff Accumulation Phase C) before a rally.

The red resistance rejection suggests a short-term redistribution phase, hinting at a potential bullish reversal if market absorption occurs.




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3. Future Price Trajectory & Trade Execution Zones

Bullish Scenario (High Probability Play):

A liquidity sweep below $86,000, inducing retail shorts, followed by a sharp impulse move to reclaim $88,613 (TP1).

If volume supports continuation, price may break structure at $91,270 (TP2), confirming bullish dominance.

Final target at $94,000 (full extension TP), aligning with order flow imbalance resolution.


Bearish Contingency:

If price fails to hold support, it could trigger a break of structure (BoS) below $84,000, leading to a deeper retracement.



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4. Confluence Factors (Supporting the Move)

Imbalance Fills & Fair Value Gap (FVG):

The chart shows inefficiencies in prior price action, suggesting that a retest of $91,270–$94,000 would be necessary to rebalance the market.


Fibonacci Retracement (Not Displayed but Inferred):

The expected retracement aligns with the 0.618–0.705 golden zone, reinforcing the likelihood of a bullish move.


Volume Profile & Open Interest (External Considerations):

Analyzing order flow would confirm if smart money is accumulating before expansion.




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Conclusion:

This setup exhibits a textbook example of liquidity engineering and market structure play, where institutional players are likely positioning for a breakout towards $94,000. However, confirmation through volume and order flow will dictate the execution probability.

A high-R multiple trade can be structured, with optimal entries near liquidity sweeps, ensuring minimized risk while targeting key inefficiency levels.

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Trade On your Own Risk it is Not Financial Advice It's my Personal Analysis
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BTCUSD AT SUPPORT ZONE MAKE TRIANGLE PATTERN NOW BTC MAY FLY TO RESISTANCE SOON

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