$BTC price is consolidating after a sharp intraday move, and the structure is tightening near a short-term demand zone — this is the area where momentum usually makes its next decision.

Market read
I’m seeing $BTC reject from the 84,500 area and start forming a compressed structure with mixed candles on the intraday chart. The drop toward 83,800 was quickly absorbed, which tells me sellers failed to push price lower with strength. Price is now hovering around the 83,900–84,000 region, a zone that has already shown buyer reaction. Volatility is slowing, candles are overlapping, and this usually hints that a breakout move is loading. As long as this demand holds, I’m leaning toward continuation rather than a deeper pullback.

Entry point
I’m looking to enter between 83,800 – 84,000
This zone aligns with intraday demand and liquidity taken from recent lows. I want price to stay above this range and show stability before continuation.

Target point
TP1: 84,600 – recent rejection and first resistance
TP2: 85,400 – range expansion and momentum continuation
TP3: 86,800 – bullish continuation if buyers step in strongly

Stop loss
83,300
If price closes below this level, the demand structure breaks and I’m out.

How it’s possible
I’m expecting buyers to defend the 83,800–84,000 zone because sell-side liquidity has already been swept and there’s no strong follow-through from sellers. If buyers hold this area, price can reclaim 84,600 quickly, opening the path toward higher targets. A clean hold above that level would confirm momentum shift and allow continuation toward the upper range. Risk-to-reward stays clean as long as demand is respected.

I’m ready for action here and I’m sticking to the plan.

Let’s go and Trade now $BTC