BTC 30m Demand Reaction / Can BTC Reach the 64K Supply Zone ?Bitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PMASCryptoAna# Bitcoin Market Analysis (BTCUSDT) ## Quick Summary **Bias:** Bearish **Current Structure:** 4H Yellow Wave Y → Monitoring 3H Wave X **Status:** Monitoring the 30m demand reaction and waiting for a 3H confirmation. --- # Previous Result ✅ Bitcoin successfully reversed from the previous **30m micro supply zone**, as mentioned in my last idea. 📉 The reaction has now shifted my focus toward the current **30m demand zone** and its corrective structure. --- # Market Bias **Bearish** Bitcoin remains within the **Yellow Wave Y of the 4H timeframe**. The larger bearish structure remains active, while I continue monitoring the lower-timeframe correction and the potential development of the next 3H structure. --- # Current Scenario Bitcoin is still moving within the **Yellow Wave Y of the 4H timeframe**. The next important area I am watching is around the **64K supply zone**. If Bitcoin continues bouncing toward this area, I will monitor whether it can form the potential **3H Wave X** within my current structure. At the same time, I am still waiting for a signal confirming the completion of the **3H Wave W**. So far, I have **not received this confirmation on the 3H timeframe**. Bitcoin has also successfully reversed from the previous **30m micro supply zone**, as mentioned in my last idea. The main focus now is the reaction from the current **30m demand zone**. I already have a corrective signal on the LTF, and I will monitor whether this reaction can develop into a stronger bounce toward the **3H supply area**, potentially creating the expected **3H Wave X**. For now, the 3H structure remains unconfirmed. --- # Bearish Targets 🎯 **Primary Target:** **61.1K** 🎯 **Extended Target:** **59.5K** 🎯 **Potential Deeper Extension:** **57K → 52.5K** --- 💬 **What do you think?** Will the 30m demand reaction push Bitcoin toward the **64K supply zone** and form the 3H Wave X, or will the bearish move resume before reaching it? 👍 If you find this analysis useful, don't forget to follow **MAS Crypto Analysis** for future Bitcoin updates. *This publication is intended for educational and market analysis purposes only and does not constitute financial advice.* #Bitcoin #BTCUSDT #BTCUSD #Crypto #PriceAction #ElliottWave #WaveAnalysis #SupplyAndDemand #TrendAnalysis