$BTC Multi-Timeframe Analysis (SMC + ICT + Elliott Wave)
BTC is trading around 62,870, holding above the higher-timeframe discount zone after sweeping liquidity near 57.8K. From an SMC perspective, the market formed a liquidity grab followed by a bullish displacement, suggesting smart money accumulation. ICT concepts show price reclaiming a bullish order block while respecting the equilibrium level, although the 15m chart is experiencing a short-term retracement into a potential fair value gap. In Elliott Wave terms, BTC appears to be completing Wave 2 of a smaller impulse after the Wave 1 rally from 57.8K, with Wave 3 likely targeting fresh highs if buyers defend current support. A sustained move above 63.45K confirms continuation, while losing 62.3K would delay the bullish structure.
Next 3 Take-Profit (TP) Levels
TP1: 63,450 – Previous swing high and liquidity pool; first bullish objective.
TP2: 64,800 – Projected Wave 3 extension and fair value imbalance target.
TP3: 66,500 – Higher-timeframe buy-side liquidity and Bollinger upper expansion, where profit-taking from institutional traders is likely.
Trade here 👇🏻👇🏻
BTC is trading around 62,870, holding above the higher-timeframe discount zone after sweeping liquidity near 57.8K. From an SMC perspective, the market formed a liquidity grab followed by a bullish displacement, suggesting smart money accumulation. ICT concepts show price reclaiming a bullish order block while respecting the equilibrium level, although the 15m chart is experiencing a short-term retracement into a potential fair value gap. In Elliott Wave terms, BTC appears to be completing Wave 2 of a smaller impulse after the Wave 1 rally from 57.8K, with Wave 3 likely targeting fresh highs if buyers defend current support. A sustained move above 63.45K confirms continuation, while losing 62.3K would delay the bullish structure.
Next 3 Take-Profit (TP) Levels
TP1: 63,450 – Previous swing high and liquidity pool; first bullish objective.
TP2: 64,800 – Projected Wave 3 extension and fair value imbalance target.
TP3: 66,500 – Higher-timeframe buy-side liquidity and Bollinger upper expansion, where profit-taking from institutional traders is likely.
Trade here 👇🏻👇🏻