BTCUSD Analysis – Approaching Key Supply Zone | Watch for Reject

Bitcoin is now testing a major supply zone between $107,991 and $109,000, marked by previous price rejections and a high-volume node on the visible range. This level has acted as strong resistance multiple times in Q1 2025.

Price Action Highlights:

Current Price: $109,205 (+0.17%)

Strong bullish momentum from April lows, breaking through previous resistance at $91,867

Now reaching into a critical decision zone—expecting a possible pullback or breakout


Key Levels to Watch:

Resistance Zone: $107,991 – $109,500 (Watch for reversal candles, potential bearish divergence)

Support Zones:

$91,867 – retest of previous resistance now turned support

$75,607 – major demand cluster with visible volume profile support



Bias: Short-term bullish, but watching closely for rejection signs at this supply zone. Confirmation needed before long continuation. Possible setup for swing short if bearish structure forms.

Red Arrows indicate potential downside targets if the price fails to break higher.

Next Moves:

Break and close above $109.5K = continuation toward new highs

Rejection = possible move back to 92K and $75K levels


What do you think? Is BTC ready to break out or due for a pullback?

Drop your thoughts and setups in the comments!

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