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+
---
Are you bullish or bearish on BTC this week? Drop your analysis in the comments!
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+
---
Are you bullish or bearish on BTC this week? Drop your analysis in the comments!
✅JOIN FREE SIGNALS t.me/frankfxforextrade
✅FOR VIP DM: t.me/frankfx22
✅ AUTOMATED BOT: bot.frankfxx.com/
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ XM frankfxx.com/xm
✅FOR VIP DM: t.me/frankfx22
✅ AUTOMATED BOT: bot.frankfxx.com/
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ XM frankfxx.com/xm
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅JOIN FREE SIGNALS t.me/frankfxforextrade
✅FOR VIP DM: t.me/frankfx22
✅ AUTOMATED BOT: bot.frankfxx.com/
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ XM frankfxx.com/xm
✅FOR VIP DM: t.me/frankfx22
✅ AUTOMATED BOT: bot.frankfxx.com/
✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ XM frankfxx.com/xm
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.