$BTC will hit $100,000 Soon 🚀 ICT, SMC, Elliott Wave Analysis
$BTC Across the daily, 4-hour, and 1-hour BTCUSDT charts, price is trading near $62,630, with market structure remaining bearish despite short-term consolidation. ICT and Smart Money Concepts suggest liquidity was swept above $64,300–65,000 before a strong bearish displacement confirmed institutional distribution. Price is now mitigating bearish order blocks while $62,200 serves as immediate support. A break below this level exposes $61,500 and $60,000 as the next liquidity objectives. Elliott Wave analysis indicates a corrective Wave 4 may be nearing completion, favoring a Wave 5 decline if resistance holds. Fibonacci retracement places the 0.618 zone around $64,000–64,500, aligning with premium pricing and bearish order flow. Only a sustained reclaim above $64,500 would weaken the bearish outlook; otherwise, rallies remain selling opportunities targeting lower liquidity.
Trade $BTC here 👇🏻👇🏻
$BTC Across the daily, 4-hour, and 1-hour BTCUSDT charts, price is trading near $62,630, with market structure remaining bearish despite short-term consolidation. ICT and Smart Money Concepts suggest liquidity was swept above $64,300–65,000 before a strong bearish displacement confirmed institutional distribution. Price is now mitigating bearish order blocks while $62,200 serves as immediate support. A break below this level exposes $61,500 and $60,000 as the next liquidity objectives. Elliott Wave analysis indicates a corrective Wave 4 may be nearing completion, favoring a Wave 5 decline if resistance holds. Fibonacci retracement places the 0.618 zone around $64,000–64,500, aligning with premium pricing and bearish order flow. Only a sustained reclaim above $64,500 would weaken the bearish outlook; otherwise, rallies remain selling opportunities targeting lower liquidity.
Trade $BTC here 👇🏻👇🏻