BitcoinLong
Bitcoin Long Prediction: ICT Market Maker Model Points to $145K
Using the ICT Market Maker Model, Bitcoin appears to be progressing through its third phase—expansion—after respecting the consolidation phase. The chart clearly marks three distinct zones:
-Red: Key reversal zones where price reacts sharply, potentially indicating trend changes.
-Light Green: Consolidation zones, where the price accumulates before a breakout or breakdown.
-Purple: Expansion zones, showcasing the directional move away from the consolidation phase.
Currently, Bitcoin has moved into the expansion phase and is showing bullish momentum. If this model continues to play out, the next key target lies around the $145,000 level, aligning with the expansion phase projection and targeting all-time high buy-side liquidity levels.
Always validate with high-timeframe confluences and ensure proper risk management while trading.
-Red: Key reversal zones where price reacts sharply, potentially indicating trend changes.
-Light Green: Consolidation zones, where the price accumulates before a breakout or breakdown.
-Purple: Expansion zones, showcasing the directional move away from the consolidation phase.
Currently, Bitcoin has moved into the expansion phase and is showing bullish momentum. If this model continues to play out, the next key target lies around the $145,000 level, aligning with the expansion phase projection and targeting all-time high buy-side liquidity levels.
Always validate with high-timeframe confluences and ensure proper risk management while trading.
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.