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Bitcoin (BTCUSD) Sets for Strong Recovery Toward Key Resistance Levels

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BTCUSD is set for a strong recovery toward key resistance levels. Technically, price action has retraced into the order block (+OB) near $108,390, a region historically associated with strong buyer re-entry. This pullback follows an extended bullish impulse from the $95,980 zone, suggesting that the current decline may be corrective rather than structural.

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The liquidity resting below this support has likely been tapped, reducing downside risk and opening the path for bullish continuation. Should the $108,390–$112,000 support range hold, BTCUSD could recover to $115,000 in the near term, with a medium-term upside target at $125,000. Sustained bullish momentum could further extend toward $130,000 resistance.

BTC Key Levels

Supply Levels: $125,000, $130,000, $136,000
Demand Levels: $108,390, 115,000, $95,980

Bitcoin (BTCUSD) Sets for Strong Recovery Toward Key Resistance LevelsWhat are the indicators saying?

BTCUSD is presently in a downward correction phase as price leaves the overbought phase. The price is near $112,320 after a corrective decline from recent highs, with the Relative Strength Index (RSI) trending near 39 suggesting oversold conditions. The price is currently testing the demand zone around $108,390, while the short-term Moving Average at $116,690 sits just above, indicating a potential rebound point aligned with prevailing market sentiment.

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