BTC: New Internal Swing Structure
### **Technical Analysis**
- The **BTCUSDT.P chart** on **BYBIT** shows Bitcoin's price movements with key indicators like **Break of Structure (BOS), Buy Side Liquidity (BSL), and Demand Zones (DZ)**.
- The **Asian, London, and New York sessions** are marked, helping traders identify volatility patterns.
- Bitcoin is currently trading between **$100,400 and $107,600 USDT**, with a focus on **liquidity zones and structural shifts**.
### **Market Forecast**
- Analysts suggest Bitcoin is **attempting to build upward momentum**, with **$106,000 as a key resistance level**.
- If Bitcoin **breaks above $106,000**, it could target **$110,000**, and potentially **$135,000** in the next bullish leg.
- Long-term holders have **accumulated 630K BTC** since March, indicating strong investor confidence.
- Some models predict Bitcoin could reach **$250,000** in this cycle, driven by **institutional capital and liquidity boosts**.
### **Technical Analysis**
- The **BTCUSDT.P chart** on **BYBIT** shows Bitcoin's price movements with key indicators like **Break of Structure (BOS), Buy Side Liquidity (BSL), and Demand Zones (DZ)**.
- The **Asian, London, and New York sessions** are marked, helping traders identify volatility patterns.
- Bitcoin is currently trading between **$100,400 and $107,600 USDT**, with a focus on **liquidity zones and structural shifts**.
### **Market Forecast**
- Analysts suggest Bitcoin is **attempting to build upward momentum**, with **$106,000 as a key resistance level**.
- If Bitcoin **breaks above $106,000**, it could target **$110,000**, and potentially **$135,000** in the next bullish leg.
- Long-term holders have **accumulated 630K BTC** since March, indicating strong investor confidence.
- Some models predict Bitcoin could reach **$250,000** in this cycle, driven by **institutional capital and liquidity boosts**.
This trading plan combines mechanical strategies with smart money concepts to help you make informed decisions. For more information, please follow me linktr.ee/CipherSMC
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.
This trading plan combines mechanical strategies with smart money concepts to help you make informed decisions. For more information, please follow me linktr.ee/CipherSMC
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.