- BTC reacted to the second supply zone after grabbing upper liquidity
- Price may now move down to sweep liquidity below and test demand around 104k
- Nothing is certain—these are potential scenarios, not absolute truths
In the last BTC breakdown, we talked about how Bitcoin was sitting right at a supply zone.
Now, for anyone wondering—what’s a supply zone? Think of it like a place where sellers are waiting, often an area where the price tends to react and reverse. It’s not magic. It’s just where big players tend to take profits or open shorts.
At that time, I figured price could break that first supply and push higher to the one above it. Why? Simple. There was liquidity up there that had to be grabbed. And when I say liquidity, I mean clusters of stop-losses or pending orders.
The market loves to hunt that—it’s where money is sitting. Like a trail of breadcrumbs left behind by impatient traders.
Now look what happened.
BTC reacted to the second supply zone just as expected. The market took out that upper liquidity and—bam—we’re now seeing signs of a potential move down. The next pool of liquidity? It’s likely below, and if that gets swept, I wouldn’t be shocked to see BTC reach toward the demand zone sitting around 104k.
And yes—demand zone works the opposite of supply. It’s where buyers are waiting, where price historically bounces upward. It’s like the floor of the market, while supply is the ceiling.
But let’s stay grounded here.
We don’t get crystal balls in this game. These are possible scenarios—not guaranteed ones. BTC can flip the script any second and go completely off track. Markets are wild. They don’t care what lines you’ve drawn.
Still, mapping out this structure helps. I’m not rushing in. No lower timeframe gambling. If anything, this whole setup is a reminder that money moves from the impatient to the patient.
Ready to trade? Join WEEX via Bitcoinsensus and get a 20% deposit bonus — with up to 400 USDT waiting for you. Claim your share of the 30,000 USDT reward pool.
