BTC Market Structure


Currently, BTC remains in a bullish structure after breaking out of a major resistance. However, the price has now entered an important supply/order block area that will determine whether the rally continues or if distribution occurs.
Main BTC Order Block
🟢 Bullish Order Block (Demand Zone)
Strong Demand Area
$79.2K – $80.1K
This is an area where institutions/whales are likely to have accumulated prior to the major breakout.
Why is it important?
Impulsive volume originates from this area
Many imbalances are not yet fully filled
Psychological support $80K is located here
Expected Reaction
If BTC drops to this area:
Likely buyers will enter aggressively
High potential for a bounce
Suitable for a long continuation setup
Invalidation
If a 4H close below $79K:
Bullish structure begins to weaken
Potential for a deeper retrace to $76K
#GateSquareMayTradingShare $BTC
BTC0.61%
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