TLDR
- Bitcoin rebounded from a major demand zone, signaling easing sell-side pressure.
- The $79K–$80K band remains key resistance for confirming bullish structure.
- Liquidity clusters near $83.5K–$88K act as upside magnets if resistance breaks.
- Short-term structure suggests consolidation before a possible move toward $82K.
Bitcoin (BTC) price is showing early signs of stabilization after rebounding from a well-defined demand zone, according to multiple technical analysts. Price action has shifted from aggressive selling into consolidation, with traders closely monitoring the $79,000–$80,000 resistance band. If reclaimed, charts point toward upside targets between $82,000 and $85,000, while failure could extend the current range-bound phase.
Bitcoin Price Defends Demand as Recovery Attempt Forms
According to analyst Ted, Bitcoin price structure shows a crucial reaction from a historical demand zone following a sustained decline. The chart highlights red and green bands that previously acted as major supply and demand zones. The recent bounce from the lower zone suggests sell-side pressure is easing, allowing buyers to defend critical support.
Structurally, Bitcoin remains capped below the $80,000 level, which previously acted as a breakdown level. Ted noted that this zone has now flipped into resistance, making it a key level for trend validation. A daily reclaim would shift short-term structure bullish and open a move toward the $84,000–$85,000 zone, where an unfilled CME gap sits.
Moreover, ETF inflows have added a supportive macro layer to the technical setup. While price alone has not confirmed a full reversal, the combination of institutional inflows and reduced downside continuation strengthens the recovery narrative. Without a reclaim of $80,000, however, Bitcoin price may continue consolidating within the broader range.
Bitcoin Price Faces Heavy Liquidity Near $79,390
On the other hand, according to analyst Lennaert, lower-timeframe charts show Bitcoin price repeatedly testing the $79,390 resistance. Each attempt has been met with rejection, signaling dense liquidity and sell orders absorbing upside momentum. This behavior reflects indecision rather than a clean directional trend.
The chart highlights stacked liquidity zones above the current price, with notable resistance pools near $83,500 and $88,000. These levels act as potential upside magnets but remain inaccessible until acceptance forms above $79,390. A sustained break could trigger a rapid move as liquidity is released.
On the downside, Lennaert identified a high-liquidity support zone in the mid-$74,000 zone. This zone has attracted bids during pullbacks, limiting downside expansion. As a result, Bitcoin price remains reactive to liquidity dynamics, oscillating between support and resistance rather than establishing momentum.
Short-Term Structure Suggests Controlled Consolidation
Furthermore, analyst Molenaar provided a tactical intraday perspective, focusing on recent market structure. The chart shows a sharp sell-off followed by consolidation, suggesting that downside liquidity has already been swept. Such behavior often precedes directional expansion once equilibrium is restored.
Price is currently holding above recent lows, forming a short-term base that signals reduced seller dominance. The projected path outlines a potential rotation toward the $82,000 resistance zone. This level aligns with the prior breakdown structure, making it a logical target for a relief move.
However, the analysis also accounts for a continued consolidation risk. If the current range fails to hold, another liquidity sweep could occur before any sustained advance. Until confirmation emerges, Bitcoin price remains in a balancing phase defined by patience rather than momentum.
