BTCUSD – Strong Demand Zone Reaction|Possible Reversal Setup

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BTCUSD – Strong Demand Zone Reaction|Possible Reversal SetupBitcoin / U.S. dollarBITSTAMP:BTCUSDFrankAgboBitcoin has finally tapped into a major demand zone (89k–93k), an area where price previously showed strong bullish interest. After weeks of steady decline, we’re now seeing early signs of rejection from this zone — a possible clue that buyers are stepping back in. 🔍 What I’m Watching Price entered deep into the green demand zone, showing the first bullish wick reaction. We also have US economic events (shown on chart) that may add temporary volatility, but so far the zone is holding strong. A clean break above short-term structure could confirm a bullish reversal. 📈 My Bullish Expectation If this demand zone continues to hold, I’m watching for a possible move back up toward the 107k – 110k supply zone, marked in red. This is the area where price last sold off heavily — and could be the next target for bulls. 🟢 Bias: Bullish From 89k–93k Demand zone respected First signs of momentum shift High-risk/reward long setup forming ❗️Note This is not financial advice — just my personal analysis. Trade safe and manage your risk.