BTCUSD | 30M SMC Analysis – Targeting Liquidity Above FVG | May

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BTCUSD | 30M SMC Analysis – Targeting Liquidity Above FVG | May Bitcoin / U.S. dollarBITSTAMP:BTCUSDNTGOLD_KING_OF_FOREXPrice has been moving within a well-defined market structure, printing a series of Break of Structure (BOS) and Change of Character (ChoCH) events that signal a potential shift from bearish to bullish momentum. Key Observations: Multiple ChoCH signals formed on the way down, confirming bearish intent before a structural reversal developed. A significant Sellside Liquidity zone was swept near the 73,600–73,700 area, which is a classic SMC engineered liquidity grab. Price has now bounced from a bullish Order Block (+OB) and is currently consolidating inside a Fair Value Gap (FVG) around the 73,474–73,505 region. A smaller internal FVG was identified near 73,800 and has been partially mitigated. The upper FVG (bearish) sits in the 73,950–74,050 area and aligns with the prior -OB (bearish Order Block) around 74,100. Projected Path: Price is expected to fill the inefficiency upward toward the 73,942 level, with a potential extension into the FVG zone at 74,000–74,100 if bullish momentum sustains. This aligns with the projected arrow shown on the chart targeting the premium zone. Invalidation: A decisive close below 73,294 (current structure low) would invalidate the bullish bias and suggest further downside. Note: This is a structural analysis based on SMC methodology. Always manage risk appropriately. This is not financial advice.