So Bitcoin is trading around 89,600 and holding firmly above a major horizontal demand zone between 82k – 85k. This zone has acted as a strong support multiple times in the past, and once again, $BTC has reacted from it with a clean bullish rebound.
As long as Bitcoin maintains candles above this demand zone, the market structure remains intact on the higher timeframe. Buyers are clearly defending this level, indicating accumulation and a potential shift in momentum.
If BTC continues to hold above 85,000, the next logical upside target sits near the 100,000 – 103,000 range, followed by the broader trendline resistance around 120,000 – 130,000. A break above that trendline could open the doors to new all-time highs.
However, if $BTC loses the 82,000 support with strong volume, it may revisit lower liquidity pockets, creating a deeper pullback before any major continuation.
Right now, Bitcoin is positioned in a critical mid-zone: strong support below, macro resistance above. A decisive move from here will set the tone for the next major trend.
For now, momentum favors the bulls as long as the demand zone holds.
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