BTC Liquidity Hunt & Breakout Confirmed! 🚀
The market just delivered a textbook Breakout + Retest setup on the lower timeframe. Here’s the breakdown of what happened:
The Setup Analysis:
Trendline Liquidity: Price was compressing under a descending trendline, building up "buy-side liquidity" above those highs.
The Breakout: We saw a sharp impulsive move breaking through the trendline, signaling that the bulls are taking control.
The Retest (SMC Entry): Price dipped back perfectly into the Order Block (OB) and Fair Value Gap (FVG) zone around the 78,113 level to mitigate and pick up more buy orders.
Targeting the Highs: After tapping the demand zone, BTC is now pushing toward the next liquidity pool at the 78,540 resistance.
Key Takeaway:
Never chase the green candles. Wait for the BOS (Break of Structure) and enter on the retest of the discounted zone. This is where the "Smart Money" enters!
Current Status: Running in deep profit. 💸
What’s your next target for BTC? Let me know in the comments! 👇