BTCUSD VIP Analysis – Clean Breakout Toward 109K + Target

🧠 Full Technical Breakdown for TradingView & Minds
🗓 Date: June 9, 2025 | Asset: Bitcoin (BTC/USD) | Chart: 2H Timeframe

Bitcoin is currently staging a strong breakout rally after consolidating within a bullish structure. This move appears to be fueled by smart money accumulation and could lead us directly into a high-probability reversal zone just below 109K.

Let’s dive into the full structure and what traders should look out for next.

🔍 1. Previous Market Behavior (Left Side of Chart):
Before the breakout, BTC had been trading inside a bearish channel, experiencing sharp rejections and forming lower highs. This downtrend climaxed at the Previous Reversal Zone, where strong buyer interest kicked in — this is a textbook example of a liquidity grab followed by buyer absorption.

📈 2. The Reversal & Blue Ray:
From the Previous Reversal Zone, BTC formed a solid impulsive move upward — this is where the Blue Ray trendline was drawn. This level acted as the initial support for the new bullish structure.

The move from this point formed a new trend, indicating that buyers had successfully reclaimed short-term control of the market.

🟩 3. Central Zone – Bullish Reaccumulation Area:
As BTC progressed, it entered a green bullish channel, which we’ve labeled the Central Zone. This zone shows consolidation within a rising wedge, typically a continuation pattern if volume remains steady.

Notice how price respected both boundaries of the channel multiple times before exploding upwards. This is a sign of smart money reaccumulation, where institutions are quietly preparing for the next leg.

🚀 4. Breakout to the Upside:
BTC has now broken out cleanly from the Central Zone with an aggressive bullish candle, pushing price above 106,000. This breakout suggests a mid-move continuation, and current price action is heading straight for the Next Reversal Zone between 108,800–109,200.

Also note the clean cross above the 50% Fibonacci zone, which further supports the bullish thesis.

🔹 5. Next Reversal Zone (Target Area):
This is the most critical zone on the chart. Price may:

Reject sharply from this area (short opportunity),

Consolidate before continuation,

Or sweep liquidity above it and reverse hard.

This zone could act as a smart money sell zone, where large players unload positions, especially if retail traders jump in late.

🧮 6. Possible Scenarios Ahead:
Scenario A – Bullish Continuation:

Price breaks 109K cleanly with volume.

Next target: 111K–112K (extension level).

Scenario B – Rejection from Reversal Zone:

Price stalls near 109K.

Bearish engulfing candle forms.

Short opportunity back toward 106K–104K.

Scenario C – Fakeout Above 109K:

Price sweeps highs (liquidity trap).

Fast reversal back into Central Zone.

🎯 Trade Setups:
🚨 Breakout Buy (Already Triggered):

Entry: 105,500–106,000

Target 1: 107,500

Target 2: 108,800

SL: 104,800

🛑 Reversal Short (Pending):

Entry: 108,900–109,100 (with confirmation)

Target: 106,000

SL: 109,600

⚠️ Fundamental Awareness:
Multiple U.S. economic events this week (see calendar icons below the chart).

Increased volatility expected — use smaller positions or wider stops near data release times.

📌 Final Thoughts:
This is a classic example of smart money behavior — liquidity grab, controlled reaccumulation, then a breakout toward a magnet zone (reversal supply). If you're already in the move, manage your positions. If not, wait for price action confirmation near the key zone.