empty
InstaForex - Official partner of Dragon Racing
InstaForex - Official partner of Dragon Racing
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
31.01.2025 07:38 PM
Analysis of Bitcoin through Smart money method
Open trading account Open demo account

Hi, dear traders! Bitcoin has been trading sideways since November of last year. I have marked its borders between $90,928 and $108,272. Bitcoin could trade for an extended period within this range. The bears have been unable to apply significant pressure, causing Bitcoin to linger near the upper border of the range.

This image is no longer relevant

Key market observations

1. Deviations and liquidity sweeps

Bitcoin has formed two deviations near the lower border—a sign of liquidity sweeps within the range. These deviations often indicate a reversal in the opposite direction. Within sideways movement, the 50% and 100% levels of the range serve as key targets.

Besides, two red lines highlight liquidity sweeps from the last two structural swings, signaling a further rise. This rise did occur, but it ended near the upper border of the range.

2. Bearish order block & resistance

Another key element is the bearish order block that formed between December 16–18. Price retested this area on January 7, and now this order block acts as a strong resistance zone, alongside the upper border of the range.

Bitcoin's sharp rally last week broke through the order block, but the sideways channel remained intact. A deviation formed at the top, sweeping liquidity from the December 17 peak, followed by a pullback—as I predicted.

However, the current decline remains weak, even though Bitcoin has reached the midpoint of the range.

3. Bullish order block & potential retracement

The third key factor is the bullish order block, formed by a single Shooting Star candlestick on January 13.

As we know, no financial instrument or currency pair is obligated to return to order blocks or imbalances. However, from a technical viewpoint, it would be ideal if Bitcoin first revisited this order block before initiating a new rally (if one occurs).

Order blocks are manipulative price movements designed to sweep liquidity. Large players open knowingly losing positions to accumulate positions in the opposite direction and often retest the order block to exit at breakeven.

Bitcoin could soon retrace to the $94,000 level. Within the bullish order block, traders may look for buy setups on the 1-hour chart.

However, an order block is not an unachievable wall—a break below it would signal a structural shift, potentially sending Bitcoin into an extended downward move.

Market Sentiment & News Calendar

The news flow on Friday was weak, exerting no significant impact on Bitcoin's price.

Key US economic events:

14:45 UTC – US Manufacturing PMI

15:00 UTC – ISM Manufacturing PMI

On February 3, the economic calendar contains two major events, one of which is highly significant. The US economic calendar will have a moderate impact on the crypto market in the second half of Monday's session.

Forecast & trading recommendations on BTC/USD

Bitcoin reversed near the upper border of the range and inside the bearish order block.

I expect further declines in the near term, with targets at $99,000 and $94,000. The first target has already been reached. If Bitcoin falls to the second target, it will complete the retest of the lower order block, after which:

Bitcoin could break out of the range through the upper border.

The bullish order block could be invalidated, leading to a structural breakdown and an extended decline

A deviation has formed near the upper border of the range —which typically signals a liquidity grab before a move in the opposite direction.

Since major swing points are where many traders place their Stop Losses, large players utilize these liquidity levels for accumulation.

For now, bears have no obstacles on their way down, and they collected sufficient liquidity on January 20 to continue pushing Bitcoin lower.

Samir Klishi,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Wave analysis
GBP/USD Analysis on June 16, 2025 The wave pattern for GBP/USD continues to indicate the development of an upward impulsive trend. The wave pattern is almost identical to that of EUR/USD, as the main driver
Chin Zhao
19:48 2025-06-16 +02:00
1615
Wave analysis
EUR/USD Analysis on June 16, 2025 The wave pattern on the 4-hour EUR/USD chart continues to indicate the development of an upward trend segment. This transformation occurred solely due to the new U.S. trade policy. Until
Chin Zhao
19:45 2025-06-16 +02:00
1585
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

What are odds of BTC trading at $150K by August?

For several days, Bitcoin hovered above the $105,000 level, seemingly waiting. But today, it broke through. We've witnessed a classic consolidation phase ahead of a possible price surge
Ekaterina Kiseleva 17:22 2025-06-16 UTC+2

Trading Recommendations for the Cryptocurrency Market on June 16

Bitcoin and Ethereum regained their positions following a major sell-off at the end of last week, which occurred after the outbreak of the military conflict between Iran and Israel. This
Miroslaw Bawulski 08:55 2025-06-16 UTC+2

The Cryptocurrency Market Collapsed — Here's Why

Bitcoin and Ethereum have crashed. Bitcoin lost around 3.5% during morning trading alone, while Ethereum dropped by more than 10%, then slightly rebounded. Panic swept through the cryptocurrency market immediately
Jakub Novak 11:12 2025-06-13 UTC+2

Trading Recommendations for the Cryptocurrency Market on June 13

Bitcoin and Ethereum plunged following Israel's overnight strike on Iran's nuclear facilities, triggering a massive sell-off of risk assets, including in the cryptocurrency market. Should Iran launch a serious retaliatory
Miroslaw Bawulski 09:04 2025-06-13 UTC+2

Technical Analysis of Intraday Price Movement of Filecoin Cryptocurrency, Friday June 13, 2025.

Not much different from other cryptocurrencies such as Solana, Filecoin also has almost similar conditions on its 4-hour chart where there is a Divergence between the Filecoin price movement
Arief Makmur 07:39 2025-06-13 UTC+2

Technical Analysis of Intraday Price Movement of Solana Cryptocurrency, Friday June 13, 2025.

With the appearance of Divergence between the price movement of the Solana cryptocurrency on its 4-hour chart, with the Stochastic Oscillator indicator and confirmed by the labeling of its price
Arief Makmur 07:39 2025-06-13 UTC+2

Trading Recommendations for the Cryptocurrency Market on June 12

Bitcoin and Ethereum experienced a notable pullback after another unsuccessful attempt to rally. Bitcoin could not retest its all-time high, and Ethereum could not surpass the $2900 mark. U.S. Treasury
Miroslaw Bawulski 09:10 2025-06-12 UTC+2

Solana spot ETF around corner

Right now, Solana is in the spotlight for traders. According to the latest reports, the US Securities and Exchange Commission (SEC) has requested that potential Solana ETF issuers submit amended
Jakub Novak 16:23 2025-06-11 UTC+2

The Crypto Winter Is Becoming a Thing of the Past

Bitcoin is showing strong growth and came within a step of reaching a new all-time high. However, it's important to understand that taking this final step will be quite challenging
Jakub Novak 10:18 2025-06-11 UTC+2

Trading Recommendations for the Cryptocurrency Market on June 11

Bitcoin is undergoing a correction following yesterday's rapid surge to the $110,500 area, while Ethereum remains vibrant—having gained over 6% yesterday and currently trading at $2,785. Given such a strong
Miroslaw Bawulski 09:01 2025-06-11 UTC+2

Top analytics

Relevance up to 05:00 2025-06-17 UTC--5
XAU/USD. Analysis and Forecast
12:18 2025-06-16
Technical analysis
Relevance up to 03:00 2025-06-18 UTC--5
The Israel-Iran Confrontation. Fed Meeting. What's Next? (I expect further decline in USD/CAD and a local pullback in gold before a new wave of growth)
10:51 2025-06-16
Fundamental analysis
Relevance up to 01:00 2025-06-17 UTC--5
USD/JPY: Simple Trading Tips for Beginner Traders on June 16. Analysis of Yesterday's Forex Trades
08:55 2025-06-16
Forecast
Relevance up to 00:00 2025-06-17 UTC--5
EUR/USD: Simple Trading Tips for Beginner Traders on June 16. Analysis of Yesterday's Forex Trades
08:55 2025-06-16
Forecast
Relevance up to 19:00 2025-06-16 UTC--5
GBP/USD Overview – June 16: How Trump Is Undermining the Dollar
04:54 2025-06-16
Fundamental analysis
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.