$BTC Bitcoin faced a strong rejection from the 90,200 – 90,500 supply zone, confirming sellers’ presence at higher levels. Price reacted sharply from this resistance and moved toward the lower demand area.
Currently, $BTC has taken liquidity from the downside and bounced from the 87,200 – 87,600 demand zone, which is acting as a strong short-term support.
🔍 Market Structure
Lower highs on 1H → short-term bearish
Bounce from demand, but still below key resistance
Trend remains weak unless resistance is reclaimed
📌 Key Levels
Resistance: 90,200 – 90,500
Support: 87,200 – 87,600
📈 Trade Plan
Short Setup: Rejection near 90.2k–90.5k SL above 90.8k Targets: 88.2k → 87.5k
Bullish Scenario: Only if a strong 1H close above 90.6k Targets: 91.5k → 92.2k