Bitcoin is currently pressing against a major upper resistance band, where price has historically faced repeated rejection. This area now represents a decision point for short-term market structure.
🔍 Market Observation
Upper Resistance / Supply Zone:
📌 92,000 – 92,500
This region has acted as a consistent cap on upside, suggesting active distribution and strong sell-side liquidity.
🎯 Hypothetical Pullback Zones (If Rejection Occurs)
Lower Demand / Support Area:
📉 90,000 – 90,500
A rejection from resistance could trigger a controlled pullback toward this demand zone, where buyers have previously stepped in.
🚫 Invalidation / Risk Zone
Structure Break Level:
❌ 92,800 – 93,000
A clean break and sustained close above this range would invalidate any bearish rejection narrative and confirm renewed bullish momentum.
🧠 Technical Context
On the 15-minute timeframe, BTC remains locked in range-bound consolidation, defined by:
Horizontal support near 90,000
Overhead resistance between 92,000 – 92,500
Price action is choppy and indecisive, with alternating candles reflecting equilibrium between buyers and sellers. The repeated defense of resistance highlights overhead supply, but no directional commitment has yet been confirmed.
📌 Key Takeaway
Rejection at resistance → Potential rotation toward lower support
Acceptance above resistance → Momentum shift toward higher
#BitcoinETFMajorInflows #MarketUpdate $BTC
BTC96,762.32+1.76%