BTC Near Demand Zone – Potential Bounce Setup

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BTC Near Demand Zone – Potential Bounce SetupBitcoin / U.S. dollarBITSTAMP:BTCUSDIsabellaTaylor7After a steady decline, price is now close to a demand area marked on the chart. This region could act as a reaction zone where selling pressure slows down and a bounce may develop. A short-term dip into the support followed by a higher low formation would strengthen the case for an upward move. However, failure to hold this zone may extend the correction slightly lower before recovery. Possible Targets: Upside: 76,500 → 77,500 → 78,200 Downside (if extended): 75,000 → 74,500 Key Levels: Resistance: 76,500–77,000 Support: 75,000–75,500