Bitcoin
Long

BTCUSD Rejection from Demand Zone – Bullish Play Ahead?

96
Bitcoin just tapped into a strong intraday demand zone (green zone) after a clean selloff. This area has previously acted as a reaction point and is showing signs of holding again.

🔰 Key Levels:
🟩 Demand Zone (Buy Zone): $114,050 – $114,200

🔵 Intraday Resistance: $114,698

🔵 Final Target (Liquidity Pool): $115,271

💡 Bullish Plan:
Entry: Inside demand zone ($114,050 – $114,200)

SL: Below $114,000 (structure invalidation)

TP1: $114,698

TP2: $115,271

The green arrow shows a potential bullish move towards liquidity resting above recent highs if price shows rejection or bullish candle confirmation (e.g., engulfing, pin bar).

📊 SMC Notes (Optional for Advanced Traders):
This is a possible mitigation of a bullish order block from earlier structure.

Price may be completing a liquidity sweep before internal structure break and rally.

Watch for a Change of Character (CHOCH) on lower timeframes for refined entry.

⚠️ Disclaimer:
This is not financial advice. Always use proper risk management and confirm your entries. This is for educational and analysis purposes only.

🔖 Tags:
#BTCUSD #Bitcoin #SmartMoney #PriceAction #OrderBlock #CryptoSignals #RejectionTrade #FrankFx14 #TradingView

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