BTC Rebounds from Demand Zone – Is $87K the Next Target?

Bitcoin just bounced sharply off the high-volume demand zone around $76,800–$77,700, showing strong buyer interest after a steep drop. Could this be the beginning of a move back toward the 87K supply area?

Key Technical Levels:

Demand Zone: $76,800–$77,700
Strong bullish response from this support area.

Current Price: $78,841
Recovering quickly with solid momentum.

Mid Resistance: $83,547
Recent consolidation zone — watch for price reaction here.

Major Supply Zone: $87,292
Rejection area from previous highs — possible TP zone.


Bullish Case:

Clean bounce off key demand

Strong bullish candle with volume

US economic events incoming (marked with icons), which could drive volatility


Possible Trade Idea (Not Financial Advice):

Entry: $78,500–$79,000

SL: Below $76,500

TP1: $83,500

TP2: $87,200+



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Are you bullish or bearish on BTC this week? Drop your analysis in the comments!