📊 BTC/USD Price Action Update – May 16, 2025
🔹Current Price: 104,109.06
🔹Timeframe: 15M
📌 Key Demand Zone:
🟢 103,471–103,676 – Intraday bullish OB (Order Block); price respected this zone and showed strong bounce reaction.
🎯 Target Levels:
TP 1: 104,233 – Short-term resistance; possible profit-taking area
TP 2: 104,829 – Clean upside imbalance; next liquidity grab zone
⚡️Bullish Bias:
Price bouncing off demand zone with momentum
Holding above 103,850 structure shows buyer strength
🔍 FXFOREVER Insight:
✅ Look for candle closure above 104,200 for TP1
✅ Monitor lower timeframe CHoCH or BOS for re-entries
✅ Stop-loss should stay protected below 103,470 zone
#BTCUSD #BitcoinSignals #IntradayTrading #SmartMoneyConcepts #OrderBlock #TPStrategy #FXFOREVER #CryptoPriceAction
🔹Current Price: 104,109.06
🔹Timeframe: 15M
📌 Key Demand Zone:
🟢 103,471–103,676 – Intraday bullish OB (Order Block); price respected this zone and showed strong bounce reaction.
🎯 Target Levels:
TP 1: 104,233 – Short-term resistance; possible profit-taking area
TP 2: 104,829 – Clean upside imbalance; next liquidity grab zone
⚡️Bullish Bias:
Price bouncing off demand zone with momentum
Holding above 103,850 structure shows buyer strength
🔍 FXFOREVER Insight:
✅ Look for candle closure above 104,200 for TP1
✅ Monitor lower timeframe CHoCH or BOS for re-entries
✅ Stop-loss should stay protected below 103,470 zone
#BTCUSD #BitcoinSignals #IntradayTrading #SmartMoneyConcepts #OrderBlock #TPStrategy #FXFOREVER #CryptoPriceAction
fxforever
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
fxforever
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.