$BTC is pulling back hard after a clean sweep of liquidity above 92k, followed by a clear CHoCH signaling weakness. The sharp drop into the 85.8k zone shows sellers firmly in control for now.
Price is reacting inside a higher-timeframe demand zone, but buyers haven’t shown strength yet. As long as $BTC stays below the recent CHoCH level (~90k), momentum favors the downside.
Key Levels to Watch • Support: 85.5k–84.8k (current demand zone) • Next Major Support: 82k • Resistance: 89.5k–90k • Higher Resistance: 92k–94k (strong supply area)
What’s Next? If bulls defend the 85k demand zone and reclaim 90k, a move back to 92k is possible. But failure to hold 85k could open a deeper retracement toward 82k or even 80k.
Summary: • Clear liquidity sweep above 92k • CHoCH confirms short-term trend shift • Sellers dominating until 90k is reclaimed • Watch liquidity reactions around 85k and 82k