Technical analysis by Mentor_Michael03 about Symbol BTC: Buy recommendation (10/10/2025)

Hello traders and investors, Today’s analysis on Bitcoin (BTCUSD) reveals one of the cleanest institutional market cycle structures we’ve seen in years. It’s not just a chart — it’s a masterclass in understanding how smart money transitions from accumulation to distribution. 📉 Phase 1 – The Bear Cycle (Distribution → Downtrend) During the 2021–2022 period, Bitcoin formed its 1st High, initiating a classic distribution phase. Each lower high confirmed a smart money exit from the market. Notice the repeated Break of Structure (BOS) events — each signaling liquidity being swept before price pushed lower. This phase was driven by fear, liquidity traps, and consistent stop-hunting under previous lows. Smart money was unloading while retail was still “buying the dip.” 📈 Phase 2 – The Bull Cycle (Accumulation → Expansion) Post-2023, we saw a significant Change of Character (CHOCH) followed by a bullish Break of Structure, marking the official transition from bearish control to bullish expansion. Each previous high transformed into fresh support — the perfect footprint of institutional reaccumulation. 2nd High confirmed new bullish momentum. Price began respecting the bullish channel, forming a pattern of higher highs and higher lows. The BOS after the 2nd High locked in the long-term bullish cycle. 🚀 Phase 3 – The Expansion Wave (Smart Money Continuation) Currently, Bitcoin is between its 3rd and 4th High, consolidating above the major support zone (109,000–101,000). This zone represents previous high turned support — historically, one of the most powerful continuation areas in institutional cycles. If price sustains above this zone, the probability of a move toward 153,000–160,000 remains extremely strong. This next rally would complete the 4th High, likely marking the distribution phase before the next macro rotation. 🎯 Key Technical Levels: Major Support: 109,000–101,000 (Institutional Demand Zone) Bullish Target: 153,000–160,000 Invalidation: Weekly close below 100,000 Macro Structure: Bull Cycle Continuation 🧠 Educational Insight: This chart is a perfect case study of Market Cycle Psychology blended with Smart Money Concepts: CHOCH → BOS → Support Flip → Expansion = The institutional roadmap. Retail sees chaos; smart money sees structure. Always watch for previous highs turning into supports — that’s where smart capital reloads. 📚 Summary: Bitcoin has completed its bear cycle, transitioned through accumulation, and is now in a mature bull phase heading into expansion. As long as support holds, the next leg may target six-figure levels, completing a full smart-money cycle from fear to euphoria. 💬 What do you think, traders? Is Bitcoin ready for the next phase toward 160K, or will it retest support one more time before the explosion? Drop your thoughts below 👇 and let’s learn together.