MARKET NARRATIVE: The analysis of BTC/USD across multiple timeframes reveals a consistent narrative of smart money accumulation and price advancement. Starting from the 1-hour chart, we observe a significant upward movement marked by a series of bullish candles, indicating a strong buying interest. This movement is characterized by the formation of a robust Order Block (OB) around the $106,300 level, which acts as a foundational base for subsequent price ascents.
Drilling down to the 15-minute timeframe, the continuation of bullish sentiment is evident as price action maintains above the previously established 1-hour OB, suggesting sustained institutional buying pressure. The price structure here shows a series of higher highs and higher lows, indicative of a Break of Structure (BOS) to the upside, confirming a bullish market structure shift.
On the 5-minute chart, the granularity increases, and we see more detailed interactions around key liquidity zones. The price action around these zones suggests that smart money is actively managing the ascent, possibly accumulating more positions on minor pullbacks. Each pullback into short-term mitigation blocks is met with a swift response, propelling prices further up.
The 1-minute timeframe provides the closest look at the micro-movements and shows the precision with which institutional players are operating. Notably, there is a slight pullback to a mitigation block near $106,318, which could be an inducement for further buying activity. This level aligns closely with the OBs identified in higher timeframes, reinforcing its significance as a strategic entry point.
INSTITUTIONAL THESIS: The consistent demand across all observed timeframes and the strategic positioning around key OBs suggest that smart money is targeting higher liquidity zones above the current price levels. The intent appears to be to drive prices towards the next significant liquidity pool, potentially around the $107,000 mark, where previous highs and unmitigated OBs converge.
LEARNING POINT: The interaction between multi-timeframe OBs and the execution of trades around these zones exemplifies the smart money concept of using lower timeframe pullbacks to OBs as high-probability entry points in the direction of the prevailing market structure.
Drilling down to the 15-minute timeframe, the continuation of bullish sentiment is evident as price action maintains above the previously established 1-hour OB, suggesting sustained institutional buying pressure. The price structure here shows a series of higher highs and higher lows, indicative of a Break of Structure (BOS) to the upside, confirming a bullish market structure shift.
On the 5-minute chart, the granularity increases, and we see more detailed interactions around key liquidity zones. The price action around these zones suggests that smart money is actively managing the ascent, possibly accumulating more positions on minor pullbacks. Each pullback into short-term mitigation blocks is met with a swift response, propelling prices further up.
The 1-minute timeframe provides the closest look at the micro-movements and shows the precision with which institutional players are operating. Notably, there is a slight pullback to a mitigation block near $106,318, which could be an inducement for further buying activity. This level aligns closely with the OBs identified in higher timeframes, reinforcing its significance as a strategic entry point.
INSTITUTIONAL THESIS: The consistent demand across all observed timeframes and the strategic positioning around key OBs suggest that smart money is targeting higher liquidity zones above the current price levels. The intent appears to be to drive prices towards the next significant liquidity pool, potentially around the $107,000 mark, where previous highs and unmitigated OBs converge.
LEARNING POINT: The interaction between multi-timeframe OBs and the execution of trades around these zones exemplifies the smart money concept of using lower timeframe pullbacks to OBs as high-probability entry points in the direction of the prevailing market structure.
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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.
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.