BTC/USD Update: Liquidity Swept & Bullish Reversal Loading!
Bitcoin just delivered a classic Smart Money Concepts (SMC) setup on the 1-Hour chart!
Price took out the equal lows ($$$) to sweep sell-side liquidity (SSL) below $62,400 and is now building momentum toward the upside, forming a solid Double Bottom structure inside a key support zone.
We are eyeing a breakout above the local resistance zone around $63,600 (BSL) to confirm the shift in momentum toward upper Buy-Side Liquidity targets! 🎯
🟢 TRADE SIGNAL SETUP: BTC/USD (Spot / Futures)
Entry Zone: Buy on a confirmed break & retest of $63,600 (or aggressive entry around $62,800–$63,000)
Stop Loss (SL): $62,200 (below recent liquidity sweep low)
Target 1 (TP1): $65,200 (First Major BSL Level)
Target 2 (TP2): $66,850 (Key Highs Liquidity Pool)
📌 Key Technical Highlights:
✅ Sell-Side Liquidity (SSL) Grabbed: Stop losses below recent lows were hunted.
✅ Double Bottom Pattern: Strong reaction off the $62,400 support area.
⏳ Trigger Level: A clear 1-Hour candle close above $63,600 confirms the bullish push to $65.2k+.
What’s your plan on Bitcoin here—are you buying the retest or waiting for higher confirmation? Let me know below! 👇
#Bitcoin #BTCUSD #CryptoTrading #SmartMoneyConcepts #LiquiditySweep #PriceAction #CryptoSignals #TradingView #TechnicalAnalysis
⚠️ Disclaimer: This post is for educational purposes only and is not financial advice. Crypto trading carries high risk—always manage your risk and trade responsibly.