BTCUSD H1: Selling Pressure Is Targeting the Next Demand Zone

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BTCUSD H1: Selling Pressure Is Targeting the Next Demand ZoneBitcoinOANDA:BTCUSDardian_JoeBitcoin has confirmed the loss of the BOS zone that previously acted as an important support area. After the breakdown, price attempted a retest but failed to reclaim this level, showing that sellers quickly turned the former BOS zone into new resistance and remain in control of the short-term trend. What stands out is that the current recovery remains weak, with a series of lower highs forming while price continues to trade below the broken resistance zone. This suggests that buyers still lack the momentum needed to reverse the current structure, while sellers maintain the advantage. If price continues to be rejected below the BOS zone, I expect BTCUSD to extend its decline toward the 62,180–61,930 support area, where fresh buying interest may appear. The short-term bearish scenario will only be invalidated if Bitcoin reclaims the BOS zone and holds firmly above it. This is only my personal view based on technical analysis. Wishing you successful trading!