BTC/USD Current Market Analysis and Forecast

Hope you are well. If you have been following our last forecast, then more likely than not, the trades we called are producing results for you. I was explicit in saying the market had gone to its daily order block and that if another FVG (Fair Value Gap) formed along with a shift of direction, you could take on this trade. 

Now, BTC/USD is struggling to make it back up into the main daily order block between 63-64k Nevertheless, BTC/USD also must reach the 65,792 liquid key printed above us And if the market comes to this level and a breakout above 65,792 happens - wait for  
confirmation on entry requirements.  
 
After that, if done then process your trade and target levels are 63,000 to 64,000. 

As per the daily chart, I feel that market may retest 59,629 region as there is a major imbalance till 59,629. 

Note: Orders must be entered when executing the transactions between 1m to15 m time frame such as order block will shift on FVG momentum. 

Daily Order Block - This is simply an area where the market moved significantly in the past, so it will likely be a nearby support or resistance. 

FVG (Fair Value Gap)- A Fair Range Imbalance that came with a very aggressive order flow, the market is more likely to return. 

Momentum Shift: A Momentum shift suggests a change in market direction and serves as the trigger point for possible trading opportunity. 

Critical To breakout (Price area of 63k to 64K) & Resistance Support levels spot(65,792 ) Key Level: The mentioned price zone is key for potential Break or brake support resistance level. 

Stop Execution Timeframes: Lower time-frames (1m to 15m) help us enter the trade with a pinpoint accurate stop loss once order blocks and FVGs are confirmed. 

By doing this, you will know what market movements mean and make sensible trading decisions based on those. Wait for all entry rules before trading, and target levels based on support resistance areas identified. Smaller timeframes assist in finding exact times to enter the market, increasing profit opportunities without risk.