🚨 #BTC/USDT SMC Update and Fresh Analysis 🚨
Our previous short setup played out perfectly with a solid -21% move from the $94,000 region, catching the local top and dumping all the way to $75,000.
What’s next?
From a Smart Money Concepts (SMC) perspective, current PA suggests another local top might be in.
🔹 Bearish Order Block just got tapped
🔹 Strong Resistance seen near the $86,000 level
🔹 Price forming LL (Lower Low) and LH (Lower High) structure
If this setup plays again, we may see a new low below $75,000.
Key Level to Watch:
If a HTF candle closes above $88,200, the short thesis is invalidated — and in that case, we may be looking at a bullish continuation toward the $100,000 zone.
Reminder:
Don’t enter blindly. Wait for confirmations and respect risk management—protect your capital at all costs.
Our previous short setup played out perfectly with a solid -21% move from the $94,000 region, catching the local top and dumping all the way to $75,000.
What’s next?
From a Smart Money Concepts (SMC) perspective, current PA suggests another local top might be in.
🔹 Bearish Order Block just got tapped
🔹 Strong Resistance seen near the $86,000 level
🔹 Price forming LL (Lower Low) and LH (Lower High) structure
If this setup plays again, we may see a new low below $75,000.
Key Level to Watch:
If a HTF candle closes above $88,200, the short thesis is invalidated — and in that case, we may be looking at a bullish continuation toward the $100,000 zone.
Reminder:
Don’t enter blindly. Wait for confirmations and respect risk management—protect your capital at all costs.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
