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# HasTheMarketDipped
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MrFlower_XingChen
#BTCMarketAnalysis BTC Technical Outlook | Price Defends Demand, Structure Still Corrective
Bitcoin is currently at a technically critical juncture, holding above a major long-term demand zone after a sharp corrective move from its recent all-time highs. The rejection from the $115,000–$126,000 supply zone marked a clear shift in market control, with price reacting precisely within the 0.786–1.0 Fibonacci extension area. This zone historically represents exhaustion, and the response confirmed a distribution phase rather than continuation, setting the stage for the ongoing pullback.
Bearish mom
Bitcoin is currently at a technically critical juncture, holding above a major long-term demand zone after a sharp corrective move from its recent all-time highs. The rejection from the $115,000–$126,000 supply zone marked a clear shift in market control, with price reacting precisely within the 0.786–1.0 Fibonacci extension area. This zone historically represents exhaustion, and the response confirmed a distribution phase rather than continuation, setting the stage for the ongoing pullback.
Bearish mom
BTC1,08%
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