Technical analysis by Hamza_Gold about Symbol BTC: Buy recommendation (3 hour ago)

Market Structure: Price has been in a short-term bearish structure, making consecutive lower highs and lower lows. Multiple CHoCH and BOS events confirm active redistribution phases. Liquidity Zones: •A large demand zone (highlighted in orange) sits around 90,900 – 91,200, where price recently reacted and swept the weak low liquidity. •Above current price, a clear supply zone / strong high is marked at 92,300 – 92,500, which is the main upside target. Recent Price Action: Price dipped into the demand zone, swept liquidity, and produced a bullish CHoCH, signaling a possible short-term reversal. The blue-circled area marks the initial rejection and shift in character. Expectations: If bullish momentum holds: •Price may form a higher low, push upward, and aim for the mitigation of the supply zone at 92,300 – 92,500. •This region represents the TARGET and a potential reaction zone for sellers. Invalidation: A break below the weak low would indicate continuation of bearish structure and invalidate the upward target. Bias: Short-term bullish retracement toward supply, within a broader bearish context.