BTC/USD Long Setup – Defending $111K Support for a Push Upward

⚡ Bitcoin bulls are stepping back in at a critical level!
After a sharp correction, BTC has successfully defended the $111K–$112K demand zone 🛡️, which has acted as a strong liquidity pocket in recent weeks. This reaction could be the base for a renewed bullish push targeting the liquidity resting above $120K 🎯.

Here’s the breakdown of my analysis 👇

📌 Market Structure
• Price swept liquidity below $111K before bouncing, creating a higher-low formation 🔑.
• Structure remains bullish as long as the $111K level holds.
• A clean break above $115.5K–$116K resistance ⚔️ will confirm continuation.

📌 Volume Profile
• Increasing buy volume 📊 indicates demand absorption after the correction.
• Smart money positioning suggests accumulation in this range.

📌 Key Levels
• Entry Zone: $111K–$112.5K 🟢
• Stop Loss: $106.6K ❌ (below the invalidation level)
• Target: $120,086 🎯 (8.1% upside move toward the weak high)

📌 Risk Management
• Risk/Reward ratio sits at ~1:1.8 ⚖️, balancing protection and upside potential.
• This setup invalidates ⛔ if BTC closes decisively below $111K support.

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✅ Trade Idea Summary
• Bias: Long BTC/USD
• Setup: Higher-low confirmation at demand zone
• Target: $120K 🎯
• Stop: $106.6K ❌
• R/R: ~1:1.8 ⚖️

Conclusion:
Bitcoin’s rejection of $111K support shows that buyers are still in control 🐂. As long as this level is defended, the path of least resistance points upward 🚀. I expect BTC to test the $115.5K–$116K resistance, and if broken, momentum could carry price toward $120K+ liquidity.