BTCUSD 4H Chart – Major Supply Zone Rejection! What’s Next

Bitcoin is showing early signs of weakness after rejecting the key supply zone between $108,000 - $109,000. Price is currently trading at $105,868, and bulls are struggling to reclaim the highs.

🔵 Key Levels to Watch:

🔹 Resistance: $108,990 (Strong Supply Zone – Multiple Rejections)

🔹 Support 1: $92,160 (Previous Consolidation Range)

🔹 Support 2: $74,241 (High-Volume Demand Zone from March/April Dip)


📉 Bearish Signs:

Price sharply rejected from major supply (marked in blue).

Two red arrows highlight potential downside targets if current support breaks.

A break below $92,160 could accelerate a fall to the $74K demand zone (orange area).


📊 Volume Profile Insight:
Notice how volume thins out between $92K and $80K, suggesting a vacuum that could lead to rapid price movement if BTC loses structure.

⚠️ Outlook:
Bulls need to reclaim and close above $108,000 to resume the uptrend. Until then, any rally may just be a lower high in a potential reversal pattern.


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💬 What’s your outlook for BTC in June and July? Are you buying the dip or waiting for lower levels? Drop your thoughts and let's chart this together! 👇
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