BTCUSD Daily Forecast | Bears Target the $50K Demand Zone

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BTCUSD Daily Forecast | Bears Target the $50K Demand ZoneBitcoinOANDA:BTCUSDXau_InsightssBitcoin continues respecting the bearish market structure after rejecting a key resistance area. The latest price action suggests sellers remain dominant, increasing the probability of a move toward the next high-liquidity demand zone. The $49,600–$50,000 support region is expected to be a critical level where institutional buying interest could emerge. Market Structure * Bearish trend remains intact. * Strong rejection from resistance. * Liquidity below recent lows remains attractive. * Key support located around $50K. * Watch for bullish confirmation before considering long positions. Key Levels * Resistance: 72K–74K Zone * Major Resistance: 80K–83K Zone * Support Target: 49.6K–50K Patience and discipline create consistency in trading. Not Financial Advice.