Bitcoin H1 Price Rejected From 96400 Supply With FRVP ResistanceBTCUSD H1 Timeframe After the formation of the order block, Bitcoin showed strong bullish momentum, pushing price up toward the 96,400 level. From this area, a clear supply zone has formed, where selling pressure is visible.
At the same time, the Fixed Range Volume Profile POC is acting as a key level, functioning as both resistance and support. Due to this confluence, Bitcoin is currently facing rejection from the upside. If this rejection continues and price holds below the supply zone, a move toward lower levels is likely. The first downside target is around 92,000. If this level fails to hold, the next major support comes near 90,000.
