BTCUSD Bullish Pullback From Demand ZoneBitcoinOANDA:BTCUSDGold_Market_MindThe chart shows a strong bearish structure followed by price entering a demand/support zone around 67,800 – 67,600. This area previously acted as liquidity where buyers stepped in. 🔎 Key Observations Clear Downtrend: Market formed consistent lower highs and lower lows, confirming bearish momentum. Supply Zone Rejection: The grey zone around 69,300 – 69,500 acted as strong resistance where sellers entered aggressively. Liquidity Sweep: The recent wick near 67,800 suggests a sell-side liquidity grab, often followed by a short-term bounce. Accumulation Zone: Price is consolidating inside the blue demand zone (≈67,800 – 67,600) indicating potential buyer interest. 📈 Bullish Recovery Scenario If the support holds: Entry Zone: 67,800 – 67,600 Target Move: Toward 68,900 – 69,000 Projected Move: About +1.35% (~900 points) upside. This move would likely be a retracement toward the previous supply zone. ⚠️ Bearish Scenario If price breaks and closes below 67,600, the market could continue the downtrend toward: 67,200 67,000 psychological support 🧠 Summary Market trend: Bearish Short-term bias: Bullish pullback from demand Key resistance: 68,900 – 69,400 Key support: 67,600 ✔ Expect a short-term bounce before potential continuation of the larger bearish trend.