Bitcoin has now reached a major supply zone where price previously faced strong rejection multiple times. This zone has acted as a powerful resistance for several days, and BTC is once again testing it.
*Bullish Breakout Scenario*
If BTC gives a clean breakout above 92,500 with strong volume:
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*BTC Quick Update – 1H Chart*
Bitcoin has now reached a major supply zone where price previously faced strong rejection multiple times.
This zone has acted as a powerful resistance for several days, and BTC is once again testing it.
*Bullish Breakout Scenario*
If BTC gives a clean breakout above 92,500 with strong volume:
Upside continuation likely
Targets → 93.5k → 94.8k → 96k
*Bearish Rejection Scenario*
If BTC gets rejected from this zone:
A pullback toward 89.5k → 88.5k is expected
88.5k remains a major support which protected BTC earlier.