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$BTC / USD – BOUNCE FROM DEMAND ZONE OR DEAD CAT? ⚠️📉
After an aggressive dump from the $105,000+ range,
$BTC found its footing around the $102,500 zone and is now reclaiming the $104,000 area. The chart shows price attempting to recover within the highlighted imbalance — but is it sustainable?
📊 Key Observations • 💥 Sharp sell-off left a liquidity gap between ~$104,200–$105,200
• 🧱 Demand zone held around $102,500 – $103,000
• 🔁 Retest in progress of the previous breakdown zone
🔮 If bulls can flip this level into support, we could see
$BTC attempt to refill that liquidity void toward $105K+. But failure to hold this reclaimed level may lead to another leg down.
#Bitcoin #BTCAnalysis #CryptoChart #LiquidityGap #Write2Earn