📉 BTC/USD Technical Outlook – 1H Chart
Bitcoin is currently retesting a major Sell Zone around $111,100 – $111,900, where strong liquidity and previous supply exist.
After the sharp drop from above $112,800, price is showing signs of a short-term retracement before potential continuation to the downside.
🔹 Sell Zone: $111,100 – $111,900
🔹 Entry Idea: Wait for bearish confirmation near the zone
🔹 Targets: $109,400 → $108,350
🔹 Stop Loss: Above $112,000
This setup aligns with the Smart Money Concept (SMC) — expecting a liquidity grab before a possible sell-off.
BTCUSDT
Perp
90,318.6
-2.19%
What’s your view? Will BTC reject this zone or break higher? 👀
#BTC #Bitcoin #CryptoTrading #BinanceFeed #SMC #TechnicalAnalysis #BTCUSDT
