Current Price: $75,835
Timeframe: 4 Hours
Market Bias: Bullish Potential – Key Demand Zone Under Observation
1. Market Structure
Bitcoin is currently trading around $75,835 after experiencing significant selling pressure from the $80,000–$81,000 region.
Price has returned to a major demand zone, where buyers previously showed strong interest. The market is now consolidating around this support area, suggesting a possible accumulation phase.
2. Key Demand Zone – Major Support
Demand Zone: $74,800–$76,200
Strong historical buying interest.
Previous liquidity grabs around this region.
Buyers need to defend this zone to maintain bullish potential.
If buyers successfully defend this area and bullish confirmation appears on the 4H timeframe, BTC could attempt another upward move.
3. Key Supply Zone – Major Resistance
First Resistance: $80,000–$81,000
Major Supply Zone: $84,500–$85,200
Higher Resistance: $87,500–$88,000
Previous attempts to break above $80K–$81K faced strong rejection. A confirmed breakout could open the door toward higher resistance levels.
4. Bullish Scenario
If BTC holds the $74,800–$76,200 demand zone:
TP1: $78,000
TP2: $80,000–$81,000
TP3: $82,500–$84,000
TP4: $87,500–$88,000
A strong 4H bullish candle and a successful retest would provide better confirmation.
5. Bearish Scenario
If Bitcoin loses the $74,800 support with a strong 4H candle close below the demand zone, bearish continuation could follow.
Potential downside areas:
$74,000
$73,000
$72,000
A breakdown and failed retest would invalidate the immediate bullish setup.
6. Final Market Outlook
Bitcoin is sitting at a critical decision-making area. The $74,800–$76,200 demand zone is important for the next directional move.
Liquidity has been collected around previous lows, while repeated rejections near $80K–$81K show that buyers still need to prove their strength.
My overall view: Neutral to cautiously bullish while the major demand zone holds. I would prefer waiting for bullish market structure confirmation before considering a BUY position rather than entering blindly.
