Bitcoin Ready for a Major Reversal? Bulls Eye $112K Next! Bitcoin / U.S. dollarBITSTAMP:BTCUSDFrankAgboBTC/USD (4H) is testing a strong demand zone between $100K – $97K, an area that previously acted as a major accumulation point. Price is showing early signs of rejection from this green zone, hinting that buyers may be stepping back in. If bulls hold this level, we could see a potential move toward the $108K–$112K resistance zone (marked in red). This aligns with the higher timeframe structure where Bitcoin tends to bounce sharply from similar zones after liquidity sweeps. 🟢 Key Zones: Demand Zone: $97K – $100K (Buyers’ Territory) Supply Zone: $108K – $112K (Take-Profit Area) 📊 Possible Scenario: A bounce from the current green zone could confirm a bullish reversal. Watch for a 4H bullish engulfing candle or strong rejection wick before confirming entries. If price breaks below $96.9K, the bullish setup invalidates — wait for new structure formation. 💬 What’s your view? Are we about to see Bitcoin pump again, or will bears take over? Drop your analysis below! 👇 #Bitcoin #BTCUSD #Crypto #BTCAnalysis #SmartMoneyConcepts #PriceAction #TechnicalAnalysis #TradingView #CryptoTrading