BTCUSDT Perpetual Contract
Long
Updated

BTC Analysis - On the Path to All-Time High

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BTC Analysis - On the Path to All-Time High
1. Weekly Timeframe Analysis

BTC's price action on the weekly chart is showing a clear intent toward its inner range liquidity (IRL).
Bullish Fair Value Gaps (FVGs) are being formed, indicating that the price is building momentum to fill inefficiencies and continue the bullish trend.
The ultimate target lies around the external range liquidity (ERL), as the market seeks to take out liquidity at higher levels.
2. Liquidity and Fair Value Dynamics

BTC is operating within the principles of liquidity seeking and fair value offering.
The recent structure shows the market mitigating imbalance zones while hunting liquidity from weaker hands.
Price is efficiently balancing orders while respecting bullish order flow, creating an ideal scenario for buyers.
3. Trade Idea and Narrative

Bias: Bullish
Key Zones:
Support: Previous IRL zone (higher low areas).
Resistance: ERL zone or all-time high liquidity pool.
Strategy: Look for bullish confirmations near the lower timeframe FVGs aligning with the weekly narrative for a high-probability entry.
4. Market Psychology

BTC continues to operate in alignment with smart money principles, offering opportunities to position along with institutional flows.
Patience is key, as all-time highs serve as a magnet for liquidity, ensuring a strong continuation move.
Conclusion
BTC's trajectory toward an all-time high is in play, supported by bullish FVGs and liquidity-seeking behavior. By aligning with the ICT framework and focusing on key liquidity zones, traders can capitalize on this momentum-driven market.
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