$Bitcoin (BTC) Update – Demand Zone Still in Control!
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By analyzing the #Bitcoin (BTC) chart on the 12-hour timeframe, we can see that after reaching the $116K target, BTC faced a short-term pullback toward $110K, where once again, strong buying pressure emerged from the demand zone. This zone has repeatedly acted as a key defense level, and price has now rebounded to around $113,300, confirming buyers are still in control.
The overall structure remains bullish, and the market continues to respect the previously defined range. As long as BTC stays above $110K, the next upside targets are $118,300, $120,800, and $122,800 — levels that could attract partial profit-taking before another major leg higher.
This reaction shows that institutional demand remains active, absorbing liquidity efficiently from every dip. The Fair Value Gap (FVG) fill process is nearly complete, and Bitcoin could soon prepare for its next impulsive rally if momentum strengthens above $116K.

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