BTC/USDT - 1H Price Action & Smart Money AnalysisBTC/USDT - 1H Price Action & Smart Money Analysis
Exchange: OKX | Chart Type: Heikin Ashi | Timeframe: 1H
Indicators: Price Action Concepts (SMC), Liquidity Zones, Structure Scanner
Market Structure & Key Levels
Bitcoin is currently trading around $87,629, following a strong bearish structure characterized by multiple Break of Structure (BOS) events. However, the recent Change of Character (ChoCH) suggests a potential shift in market dynamics.
Key observations:
🔴 Major Supply Zones:
• $96K - $100K → Strong resistance zone with high sell-side liquidity.
• $108K - $112K → Potential final target if momentum sustains.
🟢 Major Demand Zones:
• $68K - $72K → High confluence zone with historical buy orders.
• $60K - GETTEX:64K → Strong liquidity accumulation zone, potential long entry if price revisits.
Trend Analysis & Price Projection
📉 Downtrend Confirmation: The price has been making lower highs and lower lows, maintaining a bearish trend. However, the formation of a ChoCH indicates a possible trend reversal if demand steps in.
📈 Bullish Scenario: If Bitcoin successfully breaks and holds above GETTEX:92K , it could trigger a short squeeze, leading to an upside target of $100K - $112K.
📉 Bearish Scenario: If rejection occurs near FWB:88K - GETTEX:92K , we could see further downside, potentially testing liquidity zones around $72K before any meaningful recovery.
Trading Strategy & Risk Management
✅ Breakout Confirmation: Long positions are only valid above GETTEX:92K with a clear breakout structure.
✅ Short-term Scalping: Potential short opportunities from FWB:88K - GETTEX:92K down to liquidity levels near $72K.
⚠️ Risk Consideration: Always maintain strict risk management with a 1:2 risk-to-reward ratio, ensuring stop-loss placement based on structure invalidation.
Final Thoughts
Bitcoin is currently at a critical inflection point—a breakout above GETTEX:92K could accelerate bullish momentum, while failure to hold this level may push prices lower to test deeper liquidity pools. Traders should wait for confirmations and manage risk accordingly.
📊 Next Key Levels to Watch:
🔹 Bullish Breakout → GETTEX:92K → $100K → $112K
🔹 Bearish Breakdown → $80K → $72K → GETTEX:64K
🔔 Trade with discipline & let the market confirm your bias before entering positions.
This analysis provides a structured breakdown of price action, liquidity zones, and potential trade setups while emphasizing risk management. Let me know if you’d like any refinements! 🚀
