$BTC – 1H 🇺🇸
BTC is showing signs of bearish continuation after breaking below its previous demand zone. Price may attempt a short-term recovery toward the $80,200 – $80,600 supply zone before facing another potential rejection.
A rejection from this area could send BTC lower toward the major demand zone around $72,200 – $73,000, where buyers may step in.
Entry Zone: $72,200 – $73,000
Target 1: $74,800
Target 2: $76,500
Main Target: $80,200 – $80,600
Invalidation: 1H candle close below $72,200.
Watch for a liquidity sweep, bullish CHoCH/BOS, and strong rejection wicks around the lower demand zone before entering.
#Write2Earn
BTC is showing signs of bearish continuation after breaking below its previous demand zone. Price may attempt a short-term recovery toward the $80,200 – $80,600 supply zone before facing another potential rejection.
A rejection from this area could send BTC lower toward the major demand zone around $72,200 – $73,000, where buyers may step in.
Entry Zone: $72,200 – $73,000
Target 1: $74,800
Target 2: $76,500
Main Target: $80,200 – $80,600
Invalidation: 1H candle close below $72,200.
Watch for a liquidity sweep, bullish CHoCH/BOS, and strong rejection wicks around the lower demand zone before entering.
#Write2Earn
