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Viralchart

BTC Took Support – Big Move from Demand Zone Expected!🚀 BTC Took Support – Big Move from Demand Zone Expected! Bitcoin (BTC/USD) has touched the demand zone and now showing signs of upside reversal. After taking out sell-side liquidity, price is getting ready for a bullish push toward higher targets. 📊 Technical Analysis: 🟤 Demand Zone (115,000 – 116,000): Market came down and respected this zone. This is a strong area where buyers entered again. 🧲 Sell-Side Liquidity Grab: Price formed equal lows, then broke them to collect liquidity before reversing — typical smart money behavior. 🔁 Break of Structure (BOS): Structure break confirmed that trend might reverse now from bearish to bullish. 🟪 Fair Value Gap (FVG): A clean FVG is also visible near the top side, and price may move to fill this imbalance. 🎯 Target: 119,000 USD: If bulls hold the demand zone, BTC can easily move towards this resistance area. This is the short-term upside target. 📚 Key Learning Points: Liquidity was collected below equal lows Buyers stepped in from the demand zone Break of structure confirms bullish pressure FVG + Resistance area aligns with target ✅ Conclusion: As long as BTC holds above 116,000, bulls are in control. This is a good zone for long entries, with a target near 119,000. Traders should watch for confirmation with minor BOS or strong bullish candles.
BITSTAMP:BTCUSDLong
by Mentor_Michael03

Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc.

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