⬤ Bitcoin's been moving sideways for the past few days, with the 4-hour chart showing very little clear direction. Price bounced back and is now holding above a well-defined 12-hour demand zone. Recent short-term moves don't carry much weight here—what really matters is the bigger picture on higher timeframes.
⬤ Right now, BTC is trading in a range above that 12-hour demand area, which has been working as solid support during this consolidation phase. As long as that zone holds up, the structure suggests more sideways action or potential upside. The next resistance to watch is the 12-hour supply zone sitting above current price—that's where we might see a reaction if Bitcoin pushes higher within this range.
⬤ The demand zone is the key decision point right now. If Bitcoin loses that level, it would signal a break from the current range and open the door to more downside risk. Past price action shows that when similar demand areas failed, Bitcoin saw extended drops—so this zone is critical for the near-term setup.
⬤ This analysis matters because it shows the tension between short-term stability and the bigger bearish trend. Bitcoin has bounced off recent lows, but it's still just a relief move inside a larger downtrend. How price reacts around these 12-hour demand and supply zones will determine whether we see more consolidation or a return to selling pressure.
Usman Salis
Usman Salis