Bitcoin 4H Chart | Trend is My Best Friend – Smart Money Points Bitcoin / U.S. dollarBITSTAMP:BTCUSDMentor_Michael03Bitcoin 4H Chart | Trend is My Best Friend – Smart Money Points to 119K 🚀🔥” Market Structure The price recently rejected the key resistance zone (120,000 – 123,000 USD), which acted as a strong supply area. After the rejection, BTC experienced a sharp decline forming lower highs and lower lows, indicating short-term bearish momentum. Multiple Break of Structure (BOS) levels confirm bearish pressure, but the price is now approaching a significant demand zone. 2. Liquidity & Demand Zones A clear liquidity sweep occurred near the 123,000 zone, where buyers were trapped before the drop. The Demand Zone and Bullish Order Block (OB) around 112,000 – 114,000 USD serve as the primary area of interest for institutional buying. This zone overlaps with previous support, strengthening its validity as a high-probability reversal point. 3. Entry & Targets Entry Zone: Highlighted between 114,000 – 115,500 USD, where demand is expected to absorb sell orders. First Target: 119,000 USD – this aligns with the chart’s projection and acts as a liquidity grab zone before further moves. Second Target: If bullish momentum sustains, BTC may retest the 120,000 – 123,000 resistance range. 4. Risk Factors If BTC breaks below 112,000 USD, the demand zone will be invalidated, potentially opening downside continuation toward 110,000 USD. Strong rejection at 119,000 USD could also bring sellers back into control. 📌 Conclusion BTC is currently in a bullish accumulation phase after a heavy correction. Price is sitting at a high-probability demand zone where institutional buying interest is expected. The next impulsive move is projected toward 119,000 USD, with potential continuation toward 120,000 – 123,000 USD, but rejection at resistance remains a risk.