Technical analysis by Johnson67 about Symbol BTC: Buy recommendation (6/3/2025)

Timeframe: 4H (4-Hour)Asset: BTC/USDCurrent Price: ~$105,408Trend Direction: Currently in an upward trajectory with a recent Break of Structure (BoS) confirming bullish intent.---🧠 Technical Analysis Details1. Market StructureBreak of Structure (BoS): Highlighted in a circle — this marks a significant shift in market sentiment from bearish to bullish.Higher Highs and Higher Lows are forming post-BoS, which is typical in a bullish market structure.2. Fair Value Gaps (FVG)Two FVG zones are marked (rectangular green areas):First FVG: After a rapid move downwards, this gap suggests an inefficiency that price eventually returns to.Second FVG: Also gets filled, showing institutional-style price action respecting inefficiencies.3. Support ZoneA broad green support zone was respected in the March-April range, leading to a strong bullish push — a likely area of demand accumulation.4. Entry & Target ZonesEntry Box: Red shaded region between ~$96,000 to ~$100,000. Suggests a potential pullback entry zone.Target Box: Green shaded region ending at ~$120,951. A likely take-profit zone.The projected movement is shown with a squiggly arrow indicating a bullish move from the entry zone to the target.---💡 Strategy SummaryBias: BullishEntry Plan: Wait for retracement into the red zone (demand zone), confirming the pullback.Target: Ride the move toward $120K+ region.Stop Loss (Implied): Below the entry zone, possibly under $95K.---⚠️ Other ObservationsChart is Clean: No excessive indicators, focusing on price action, structure, and liquidity concepts.Institutional Style: Uses ICT/Smart Money Concepts — BoS, FVG, and mitigation.Time Anchor: Projection points toward mid-to-late June (e.g., Fri 20 Jun 2025 as a key area).just 100 pips