Bitcoin Just Did This at Support… Is the Bounce Real
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BTC/USD – H4 MARKET ANALYSIS-
Current Market Structure
Bitcoin has completed a sharp bearish impulse and is now reacting from a clearly defined support zone. The strong sell-off flushed liquidity below the previous range, followed by an immediate bounce a typical sign of demand absorption rather than trend continuation to the downside.
At the moment, price is transitioning into a recovery phase, but the structure remains corrective, not impulsive yet. -
Key Zones & Market Positioning
Support Zone: ~85,300 – 85,900 → Strong demand area where buyers stepped in aggressively
Target 1: ~87,900 → First reaction level / prior structure resistance
Target 2: ~89,900 → Range high / key liquidity pool
Target 3: ~94,000 – 95,000 → Major resistance & supply zone (higher timeframe) -
Price Action & Liquidity Behavior
- The rejection from the support zone shows long lower wicks and follow-through buying
- This suggests sell-side liquidity has been absorbed
- Current pullbacks are shallow, indicating buyers are defending higher lows
This behavior aligns with a relief rally → consolidation → continuation structure.
- Market Scenarios
Primary Scenario (High Probability):
- Price holds above the support zone
- Builds a higher low structure
- Gradual push toward Target 1, followed by Target 2
- If momentum accelerates, expansion toward Target 3
Alternative Scenario: - Failure to hold above the support zone
- Strong bearish close below demand
- Would invalidate the bullish recovery and open deeper downside
- Trading Perspective
Bias: Buy the pullback, not chase the breakout
Best opportunities lie near demand, not at resistance
Market is currently recovering, not reversing trend fully yet
Summary
Bitcoin is not collapsing.
It is stabilizing, absorbing liquidity, and preparing for a potential multi-leg recovery.As long as the support zone holds, the roadmap remains clear:
Demand → Recovery → Targets expansion. -
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Support reactions often reveal true market strength.
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Follow-through volume will confirm if the bounce is real.
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A $200B projection signals massive expectations for growth.