#BitcoinBouncesBack


๐Ÿ“Š Bitcoin/USDT Analysis (4H)
The current market shows a bullish structure, marked by several BOS (Break of Structure) upwards. However, after reaching a strong supply zone around 77.5K โ€“ 78K, the price experienced rejection.
๐Ÿ” Key points:
Rejection occurred in the supply zone (upper red area) โ†’ indication of selling pressure from institutions.
A CHoCH (Change of Character) appeared at 74K โ†’ early signal of a trend change from bullish to correction.
The price briefly made a small BOS downward, then retraced.
Currently, the price is in the middle zone (76K), which is a range / consolidation zone.
๐Ÿ“Œ Important zones:
Supply (Sell area): 77K โ€“ 78K
Demand (Buy area): 73.8K โ€“ 72.8K
๐Ÿ“ˆ Scenarios:
If the price returns to the supply area โ†’ potential rejection again (sell setup)
If it drops to demand โ†’ potential bounce (buy setup)
While in the middle of the range โ†’ avoid entries, wait for confirmation
โš ๏ธ The market is currently in a distribution / ranging phase, so itโ€™s safer to focus on trading at extreme areas (up/down), not in the middle.

$BTC
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