BTC 4H – At Daily Supply, Pullback or Breakout?

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BTC 4H – At Daily Supply, Pullback or Breakout?Bitcoin / USDBINANCE:BTCUSDKingProTraderBitcoin is currently trading into a strong daily supply zone (~78.5K–79K) after a solid impulsive move up. Price is reacting right at resistance, making this a key decision area. 🔍 Current Structure Price has reclaimed the 0.5–0.618 zone (76.5K–77.1K) → bullish strength Now testing higher timeframe supply Below, multiple sell-side liquidity levels ($$$) remain untouched 🧠 Scenarios 🔴 Bearish Rejection (Preferred Short-Term) Rejection from daily supply Sweep internal liquidity → move lower Targets: 75K liquidity 73K FVG 71–72K FVG (deeper pullback) 🟢 Bullish Continuation Clean break and acceptance above 79K Turns supply into support Continuation toward new highs ⚠️ Key Levels Resistance: 78.5K–79K (daily supply) Support: 76.5K–77K (0.5–0.618 zone) Major downside targets: 73K / 71K 💡 Summary Price is at a high-timeframe resistance, with liquidity resting below. Short-term pullback is likely unless bulls show strong acceptance above supply. Wait for confirmation — this is a reaction zone, not a blind entry.