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

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.

 

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

What 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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