BTC Rejected Hard from Supply Zone – Major Downside Levels Ahead

Bitcoin has just shown a clear rejection from the high-volume supply zone at ~$109,200, marked by strong sell pressure and a visible drop in momentum. 📊

💡 Key Observations:

Supply Zone: $108,900–$109,400 (Price stalled and reversed from this area)

Support Levels to Watch:

🔵 $105,416 – Mid-range level, possible short-term support

🔵 $101,481 – Major demand zone from previous consolidation


Demand Zone Highlight: Around $101,000–$100,000 – high probability bounce area with historical buying interest


📉 Bias: Bearish short-term unless price reclaims $109,500 with volume.

🚨 Trade Idea (Not financial advice):

Sell below $108,800

TP1: $105,400

TP2: $101,500

SL: Above $109,500


🔄 Volume dropping, sellers in control, and a clean range is forming. Watch for a break below $105k for confirmation of the downside move.

⚡️Note the lightning icon at the bottom – this could signal a potential high-impact move or liquidity sweep coming soon.


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📍 Chart: BTC/USD 15M | Supply & Demand Zones [LuxAlgo] 🔧 Tools: LuxAlgo S&D, Volume Profile

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