Title: BTC Update: Target $98,000? SMC & ICT Deep Dive 🚀

Content:

Bitcoin ($BTC) is showing a massive bullish momentum on the daily (1D) timeframe. Based on Smart Money Concepts (SMC) and ICT Methodology, the price action is currently sitting at a pivotal level. Here is a detailed breakdown of the technicals:

Market Structure: After a successful sweep of the Sell-side Liquidity (SSL) around the $59,800 level, BTC has confirmed a bullish shift.

Current Trend: We are seeing consistent Break of Structure (BOS) to the upside, characterized by higher highs and higher lows.

Liquidity Void: There is a significant liquidity gap reaching toward the $97,932 mark.

Institutional Targets: Smart money often targets these high-liquidity "voids" after clearing local resistance.

Key Levels: If price breaks and holds above the $83,000 resistance, the next targets are $91,450 followed by a move toward $97,932.

Demand Zone & FVG: There is a notable Fair Value Gap (FVG) near $74,670.

Entry Strategy: Should a retracement occur, this FVG zone acts as a high-probability institutional demand area for long entries.

RSI Check: The RSI (14) is currently at 62.6, suggesting the market is in a healthy bullish zone without being "overbought" (above 70) just yet.

Trading Thought:

While the bias is strongly bullish, chasing the price here can be risky. Look for a Market Structure Shift (MSS) on lower timeframes (1H or 15m) or a pull-back into the discount zone before looking for new entries.

What’s your take? Will we see a new All-Time High this week? Let me know your thoughts in the comments! 👇

#BTC #Bitcoin #SMC #ICT #TechnicalAnalysis #BinanceSquare #CryptoTrading $BTC