Saad Ullah
⬤ Bitcoin traded near $89,500 when traders focused on a short term supply zone. The $91,800 - $92,600 band is marked as a likely rejection area - it supplied resistance before besides Bitcoin's response there will decide the next move.
⬤ The $91,859 - $92,666 band is where prior rallies stalled. The expected path lifts price back into that band before resistance appears. If price is rejected, a corrective drop toward support at $87,838 is expected. Several Break-of-Structure points on the chart show short term trend shifts.
⬤ Bitcoin's reaction to that supply zone may sway short term sentiment across the wider crypto market. A rejection would underline caution near overhead resistance - a decisive close above $92,600 would negate the corrective view and turn attention toward higher levels. Traders watch closely as Bitcoin nears this technical zone.
Saad Ullah
