BTC slightly recovered at the beginning of the weekBTC/USD Technical Analysis – Clear and Simple Explanation for Clients
Bitcoin is currently trading around 106,000, showing a short-term bullish correction within a larger downtrend channel. The overall market structure remains bearish, but the current upward move is a retracement toward a strong resistance zone.
🔹 Key Resistance Zone: 109,500 – 111,000
This area combines several important confluences:
The downtrend line from previous highs.
The Fibonacci 0.382–0.5 retracement zone of the last bearish swing.
The EMA 200 (red line), which has acted as a strong dynamic resistance before.
Once the price reaches this zone, there is a high chance of a bearish rejection, as sellers will likely take control again.
🔹 Main Scenario:
Short-term: Price may continue rising toward 109,000–111,000.
Medium-term: If rejection occurs, we expect a new downward move targeting the next key support around 95,000–94,800 (Fibonacci 1.618 extension + previous demand zone).
Long-term: This support could become a strong buy zone for a potential trend reversal.
📊 Summary for Clients:
Current trend: Bearish channel, short-term pullback.
Resistance zone: 109,500–111,000 (possible sell area).
Support zone: 95,000–94,800 (potential buy area).
Outlook: Expect short-term rise, then possible drop before a bigger rebound.
👉 In simple terms: Bitcoin is making a temporary recovery, but the main downtrend is not over yet. Watch for a sell reaction around 109k–111k, and a possible strong bounce from 95k support later.
