Bitcoin is currently trading inside a clear range structure on the 4H timeframe.
🔴 Supply Zone (Resistance):
Price previously reacted strongly from the 93,500 – 94,500 area, confirming this zone as strong selling pressure. Multiple rejections show smart money distribution here.
🟢 Demand Zone (Support):
Price has now pulled back into the 89,800 – 90,300 demand zone, where buyers previously stepped in aggressively. This zone aligns with prior consolidation and wick rejections, indicating hidden buying interest.
📉 Market Structure:
Short-term bearish pullback
Overall structure still corrective, not broken
No strong lower low below demand yet → bullish potential remains valid
📌 Trade Expectation:
As long as price holds above the demand zone, we can expect a bullish reaction and a move back toward higher levels.
🎯 Targets:
First target: 91,800 – 92,200
Main target: 93,500 – 94,000 (Supply zone retest)
❌ Invalidation:
A clean 4H close below 89,700 would invalidate the bullish idea and suggest further downside.
📊 Bias:
Bullish reaction from demand → continuation toward supply
Patience is key. Let price confirm with strong bullish candles or volume expansion before entry.
⚠️ Risk Management:
Always wait for confirmation and manage risk properly. This is not financial advice.
