BTCUSD Technical Analysis – Smart Money Concept Based

6 days ago

🔍 BTCUSD Technical Analysis – Smart Money Concept Based
🕒 Timeframe: Intraday (likely 1H or 4H)
📅 Date: August 5, 2025
📉 Price: ~114,445 USD
📌 Key Zones and Observations
🔴 Previous Resistance (117,000–119,000)
This area has a strong high formed after multiple equal highs (EQH), indicating a liquidity pool above.

Price sharply rejected this zone, validating it as a significant supply zone.

🔵 Support Zone & Liquidity Pool (~112,600–113,200)
This is a high-volume node (visible on VRVP) where price consolidated previously.

Market structure suggests liquidity resting below, as indicated by the marked “Target” area at 112,648.

Smart Money may aim to sweep liquidity below this support zone before any meaningful reversal.

🟤 Order Block & Rejection at 115,210–116,065
Price tapped into a bearish order block, creating a minor change of character (ChoCH) and then started to decline.

Rejection from this zone signals distribution by institutions or Smart Money, leading toward bearish continuation.

🟢 Value Gap and Imbalance (Above 115,000)
A visible value gap still remains unfilled; however, current momentum is bearish, and price failed to reclaim it, hinting downside continuation.

🔄 Market Structure
BOS (Break of Structure) to the upside confirmed short-term bullish momentum.

CHoCH back to the downside near current price reflects bearish shift in order flow.

Price is respecting lower highs, and failing to break above 115,210 confirms a bearish bias.

🎯 Target and Outlook
Primary Bearish Target: 112,648 USD
This is a liquidity pool and previous support area where institutions may look to rebalance and accumulate.

Scenario:

If price retests 115,000–115,210 again and fails, expect strong continuation downward toward the 112,648 target.

If price breaks and holds above 116,065, bullish invalidation may occur, and we can look for higher retracement toward 117,000–119,000.

✅ Conclusion
BTCUSD is currently respecting a bearish order block, with Smart Money likely targeting liquidity resting below at 112,648 USD. Unless price breaks above 116,065 with strong volume, the bias remains bearish short-term.

5 days ago

Trade closed: target reached

📉 BTC Chart Hit Bearish Setup – Short Trade

Bitcoin has successfully triggered the bearish setup as expected, confirming downward momentum. Price action has respected the resistance zone and is now following through on the short setup. Bears are currently in control, and the short trade is active with potential for further downside.

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