“BTC Bounce From Demand Zone – Targeting 94K Next

📊 BTCUSDT Analysis (Based on Your Chart)

1️⃣ Price is Still Respecting the Range

Bitcoin is trading inside a wide consolidation box (around 91,000 – 93,000).
The recent drop tapped the bottom of the range, showing a clean liquidity sweep.

That wick below the box = fake breakdown → bullish signal.


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2️⃣ Strong Reaction at Demand Zone

The chart shows BTC touching the demand/support zone, followed by a small bullish reaction (the black arrow).

This suggests:

Sellers failed to break lower

Buyers are stepping in exactly where expected

Market preparing for a reversal bounce



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3️⃣ Expected Move (Your W Pattern Idea)

The drawn “W-shape” indicates a double bottom setup.
If the bottom holds around 91,000, BTC can push back toward:

🎯 Target: 93,500 – 94,000

This matches the upper boundary of the consolidation.


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4️⃣ Bullish Scenario

If BTC holds above 91,000–91,300:

Reclaim mid-range

Break through resistance

Continue toward 94,000+


This aligns with the “BUY” tag you added.


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5️⃣ Bearish Invalidations

Bullish idea is invalid if: ❌ Price closes below 90,800 on 30-minute
= fresh breakdown → deeper correction


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🧠 Summary

BTC swept liquidity at the support → formed a bounce → still inside range → bullish reversal expected toward 94K