$BTC – Pullback Into Key Demand Zone

BTC faced a rejection at the 90,500 resistance and is now retracing after failing to hold the range highs. This appears to be a liquidity sweep and profit-taking move rather than panic selling. Price is approaching a short-term demand zone where buyers previously stepped in.

Timeframe: 1H

Market Bias: Neutral → Bullish (if support holds)

Entry Zone: 88,200 – 88,800

Stop Loss: 87,200

Take Profit Targets:

• TP1: 89,800

• TP2: 90,600

• TP3: 91,800

As long as BTC holds above the 87K demand, the structure remains healthy. A solid reaction from this support could trigger the next continuation leg higher.

BTC

70,150.56

-0.65%