BTCUSDT Roadmap From Demand to Potential Sell-Off Zone

Apr 27

Bitcoin has successfully broken the descending trendline resistance, confirming a bullish continuation toward the upper levels. Price is currently supported by the Immediate Demand Zone between 90,970 and 92,917. Below that, a stronger support lies around the Strong Demand Zone between 84,011 and 86,374.

If momentum holds, Bitcoin is poised to test the 103,898 - 107,211 region, identified as a Dangerous Supply Zone where potential heavy sell-offs could occur. An extended push could aim for the projected high at 105,428.

Invalidation would occur if price sharply falls below 84,000, returning pressure to the downside. Structure remains bullish as long as higher demand zones continue to hold.

Apr 28

Note

Price has made a magnetic test at the identified immediate demand zone, marking the first tap. We now await confirmation to see whether the bulls can sustain this move or if another retest will occur.

Apr 29

Trade active

BTC keep holding its bullish view firmly.

May 1

Note

We have chnage in our immediate demand area for immediate buy back opportunity and now establish the short term target to be a test on 100k level.

2 days ago

Trade closed: target reached

Bitcoin reached the projected target. This thread is now closed. Congratulations to those that follow this post.