Technical analysis by The_ForexX_Mindset about Symbol BTC: Buy recommendation (3/4/2025)

Smart Money Block & True Value Line SetupI’m targeting a key smart money block with the red line acting as the true value line around 89,400. This level represents a significant liquidity zone where institutional players are likely positioning themselves.Why This Level Matters•This area has previously acted as resistance, meaning it’s where smart money may have distributed or absorbed liquidity.•If price revisits this level, it could trigger stop hunts or liquidity grabs before making a decisive move.Current Price Action•Right now, price is sitting around 85,438, trading below the true value line.•The green zone represents a potential long setup, with a target back toward the red line where liquidity sits.•The red zone below 80,570 acts as a stop-loss area, protecting against further downside.Key Scenarios:1.Rejection at 89,400 → If price taps into the smart money block and fails to break higher, this confirms a bearish structure and could lead to a deeper drop.2.Break and Hold Above 89,400 → If price clears this level and consolidates above, it could indicate accumulation for a bullish move.What to Watch For:•Liquidity sweeps around the red line—price might wick above to clear out stop losses before reversing.•Volume and order flow confirmations—whether buyers or sellers are in control at this level.This setup follows smart money concepts, focusing on liquidity and institutional price action rather than retail-driven moves. The key is to wait for confirmation at the red line before committing to a directional bias.This is a smart money liquidity 🧹 sweep!