BTC/USD – Demand Zone Reversal Targeting 92.4kBitcoin / U.S. dollarBITSTAMP:BTCUSDGems-TradesBitcoin has completed a sharp corrective move after forming a double-top near the 92,200–92,400 major supply zone. Price then retraced back into a strong demand zone around 89,600–89,900, where buyers aggressively stepped in. The market has shown a clear liquidity grab below previous lows, followed by a bullish reaction, signaling potential trend continuation. 🔍 Key Technical Highlights Demand Zone Rejection: Price tapped into the 89.6k–89.9k support block and instantly bounced. Bullish Structure: After the liquidity sweep, price began forming higher-low structure indicating reversal momentum. Upside Target: The next major objective remains the 92,200–92,400 supply zone where previous liquidity resides. Risk–Reward Setup: Long entries from demand aim toward the upper resistance block for a favorable R:R. 📈 Bias: Bullish Rebound Toward Major Supply Zone As long as Bitcoin holds above the highlighted demand area, the expectation remains for a bullish push toward the 92.2k–92.4k zone.