BTC/USD – Smart Money Concepts | Long Setup

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BTC/USD – Smart Money Concepts | Long SetupBitcoinOANDA:BTCUSDDreamsForxPrice has recently formed a Change of Character (CHoCH) at a key demand zone, signaling a potential bullish reversal from the weak low. After multiple BOS and CHoCH confirmations, buyers seem to be stepping in to reclaim short-term structure. Key Points: Structure: Market broke bearish structure but formed a CHoCH, indicating possible accumulation. Demand Zone: Price is reacting from a lower imbalance/OB area around 106,500–108,000 USD. Liquidity: Liquidity likely resting above internal highs; targeting the 113,250 USD level. Invalidation: A clean break below 106,375 USD would invalidate this bullish scenario. 📈 Trade Idea: Entry: 107,800–108,500 USD (demand zone) Target: 113,250 USD (liquidity above equal highs) Stop: Below 106,375 USD Risk:Reward: ~1:3 Bias: Bullish short-term move within overall corrective structure. Watching for continuation confirmation before full entry.