Latest BTC Analysis: Market Structure That Needs Attention

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After reaching the $100,000 level, Bitcoin (BTC) has shown interesting market dynamics worth analyzing. Currently priced at $67.82K with a 0.63% decrease in the last 24 hours, BTC’s movement offers valuable lessons about market structure and proper trading strategies. The momentum indicates that we need to understand every technical detail carefully.

Bullish Market Structure: Higher Highs and Imbalance

By observing the BTC chart on the 1-hour timeframe, we can identify market structure patterns that show strong bullish characteristics. Using the Smart Money Concept (SMC) approach, it’s clear that the market has formed a series of consistent higher highs and higher lows, supported by bullish Order Blocks (OB) that keep appearing.

When BTC moves from $95,835 to $104,500, significant accumulation occurs. However, such major movements in the market are always followed by necessary corrections. This structure indicates that the market is building a foundation for the next more measured move.

Critical Levels and Key Areas to Watch

After reaching a peak around $105,000, BTC formed a wick and then corrected back. This creates a significant imbalance that has not yet been filled downward, especially in certain zones showing selling pressure. The blue area identified as a bearish OB becomes a key focus in technical analysis.

Data shows that if this imbalance is filled, bullish momentum is likely to continue. However, this pattern also means BTC will face resistance around the yellow area, as the market structure does not support a continuous upward move without pausing at these support-resistance levels.

Next Scenario: Important Area in the Next 48 Hours

Based on market structure analysis, the $105,570 level is predicted to be a very critical zone in the next 48 hours. Selling pressure is likely to occur in this area, considering the conflict between the bullish structure and the market’s need for a correction.

The formed pattern indicates caution in every trading decision. Chart data shows that selling opportunities are imminent, but the long-term bullish structure remains intact. Understanding this imbalance and order block is key to anticipating BTC’s movements in the next phase.

BTC-2.12%
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