“BTC/USD 4H – Demand Zone Reaction Targeting 93K Resistance”

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“BTC/USD 4H – Demand Zone Reaction Targeting 93K Resistance”BitcoinVANTAGE:BTCUSDMoriss365Market Structure Overall structure: Ranging → potential bullish continuation. Price has been consolidating between ~85k and ~92–93k. No lower lows recently → selling pressure is weakening. 2. Demand Zone (Key Support) Marked demand zone around ~83,500 – 85,500. This zone has: Multiple strong reactions Long wicks and quick bounces Indicates institutional buying interest. As long as price holds above this zone, bullish bias remains valid. 👉 A clean breakdown and close below ~83.5k would invalidate the setup. 3. Current Price Action Price is currently around ~87.8k. You can see: Compression / sideways movement Higher lows forming after the last dip This often precedes an impulsive move. 4. Target & Projection Target zone: ~92,500 – 93,100 (clearly marked). This aligns with: Prior resistance Liquidity above previous highs The green box shows a favorable risk–reward from demand to target. 5. Trade Idea Logic (Implied) Bullish scenario: Entry: Reaction from demand or bullish break of consolidation Stop: Below demand (~83.5k) Target: ~93k R:R ≈ 3:1 or better Bearish invalidation: Strong 4H close below demand Acceptance below ~83.5k → opens downside continuation 6. What to Watch Next Bullish confirmation: Strong 4H close above ~89–90k Increased volume on upside Warning signs: Weak bounce from demand Long upper wicks near 90k (selling pressure) Summary 🟢 Bias: Bullish while above demand 📍 Key support: 83.5k–85.5k 🎯 Target: ~93k ❌ Invalidation: Clean break below demand