Bitcoin is currently respecting the key demand zone after forming a rounded recovery structure. The price has successfully reclaimed the highlighted demand block, which indicates that buyers are defending this area.
The overall market structure remains constructive as long as BTC continues to hold above the highlighted support level. A sustained move above the nearby resistance level could enhance bullish momentum and open the door for further upside.
At this moment patience is important. A reaction around the identified resistance area will likely determine the next trend move. Until then, maintaining a disciplined approach and waiting for confirmation is the smarter strategy.
📚 Disclaimer: This post is shared for educational and informational purposes only and reflects personal market observations. It is not financial or investment advice. Always do your own research before making any trading decisions.

Source link