Bitcoin / TetherUS
Long
Updated

BTCUSDT Long: Demand Strength Holds - Market Eyes 93,8K Breakout

905
Hello, traders! The current BTCUSDT price action shows a constructive bullish structure as the market continues to respect the key Demand Zone and the rising Trend Line. After a series of reactions around demand, buyers have repeatedly defended this area, preventing further downside and maintaining the integrity of the broader upward trajectory. Earlier, the market traded inside a corrective Range, showing temporary consolidation before buyers stepped back in and pushed price away from the lower boundary. Even though BTCUSDT faced strong rejection from the Supply Zone near 93,800, the recent pullback retraced directly into a high-value demand region, where the Trend Line and horizontal support intersect. This confluence has already triggered bullish reactions in the past, signaling that buyers remain active and prepared to protect the current market structure. The presence of multiple breakout attempts and higher lows highlights sustained interest from long-side participants.

Currently, BTCUSDT is testing the Demand Zone again, holding firmly above the Trend Line while forming a potential launch point for another upward impulse. As long as buyers maintain control over this level, the market structure favors a continuation toward the upper Supply Zone at 93,800, which remains the primary upside target. A clean bullish move from demand would confirm continuation of the prevailing trend.

My scenario as long as price stays above the Demand Zone and respects the rising Trend Line, the expectation is for BTCUSDT to move higher toward the 93,800 Supply Zone. A strong reaction from demand could initiate a new bullish leg, and a confirmed breakout above 93,800 would open the path for further upside expansion. However, a decisive break below demand would invalidate this long scenario and signal deeper correction. Manage your risk!
Trade active
Today we almost reached our target, but we can see what happens next. Bitcoin has now entered a correction and the next impulse should break through our target.
Trade closed: target reached
I believe that overall our goal has been achieved because the price of Bitcoin has reached 93.5K - 93.6K.

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