#BitcoinBouncesBack


📊 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 – 78K, the price experienced rejection.
🔍 Key points:
Rejection occurred in the supply zone (upper red area) → indication of selling pressure from institutions.
A CHoCH (Change of Character) appeared at 74K → 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.
📌 Important zones:
Supply (Sell area): 77K – 78K
Demand (Buy area): 73.8K – 72.8K
📈 Scenarios:
If the price returns to the supply area → potential rejection again (sell setup)
If it drops to demand → potential bounce (buy setup)
While in the middle of the range → avoid entries, wait for confirmation
⚠️ The market is currently in a distribution / ranging phase, so it’s safer to focus on trading at extreme areas (up/down), not in the middle.

$BTC
BTC-0.74%
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