LETβS ANALYZE BTC: WHERE IS BTC HEADING NEXT?BitcoinOANDA:BTCUSDSophie_trade9With the gold market closed for the weekend, itβs a good time to step back and take a look at BTC on the 1D timeframe and map out the potential scenarios for the next move. BTC is currently trading around 84K, after a strong recovery from the Major Demand Zone. π΅ BULLISH SCENARIO BTC is currently holding the 83Kβ86K area. If price continues to maintain its bullish structure and breaks through the 89Kβ93K area, Iβll be watching the reaction around: π― 93Kβ97K β Bearish OB + Resistance Confluence If this resistance zone is broken and successfully retested, the next levels to watch are: π― 105K β Fibonacci 1.618 π― 120Kβ124K β Liquidity Reaction Zone β οΈ CORRECTION SCENARIO BTC doesnβt necessarily have to move straight up. If BTC gets rejected around the 89Kβ97K area, Iβll be watching the price reaction at: π‘ 79Kβ82K β Support / Repricing Zone If this area is also lost, the next key zone to watch is: π΅ 74.5Kβ76K β SSL / Liquidity Reaction Zone This could be an important area to monitor for a reaction before determining the next direction. π§ MY PLAN Rather than trying to predict exactly where BTC will go, Iβm focusing on price reactions around the key levels. 84Kβ86K β Current price area 89Kβ93K β Breakout area to watch 93Kβ97K β Key resistance 105K β Fibonacci 1.618 120Kβ124K β Major liquidity zone 79Kβ82K β Near-term support 74.5Kβ76K β SSL / Liquidity Reaction Zone π Break + Retest = continue watching for bullish continuation. π Rejection = wait for a reaction at support instead of FOMOing in the middle of the range. π WHAT DO YOU THINK? Will BTC break through the 93Kβ97K resistance zone and continue toward 105K β 120K+, or will we see another retest of the support zones first? Follow me to track BTCβs next moves step by step. π This is my technical analysis, not financial advice. Always manage your own risk.