BTC/USD) Ready for drop Read The caption

SMC Trading point update


Technical analysis of Bitcoin (BTC/USDT) on the 4H timeframe.


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Technical Breakdown – Bitcoin (4H)

1. Resistance Zone

Strong resistance level between $113,000 – $114,000 (highlighted yellow).

Price has tested this zone three times (red arrows), showing clear seller strength and liquidity rejection.


2. Structure Trendline

Market is following a short-term ascending support trendline.

Current projection suggests this trendline may break, which would signal a shift in momentum to bearish.


3. Bearish Outlook

If resistance continues to hold, a trendline breakdown could trigger strong downside momentum.

Target Point: $105,526.48 – a major demand zone where liquidity sits.


4. Trading Plan Idea

Entry: On rejection at $113K–$114K zone or confirmation of trendline break.

Stop Loss: Above $114,500 (to protect from false breakouts).

Take Profit: $105,526.48



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Summary

Bias: Bearish

Reason: Multiple resistance rejections + trendline vulnerability.

Setup: Look for shorts from resistance or after trendline break → Target $105.5K zone.


Mr SMC Trading point
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This setup is a classic SMC bearish scenario: liquidity trapped at resistance → trendline break → expansion down to collect liquidity at lower demand.




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