Disrupted (Bearish) Analysis:
Current Setup:
The chart shows Bitcoin (
BTC) bouncing from a support zone around $94,000.
The analysis suggests a bullish reversal toward the resistance around $97,500.
Bearish Counterpoints:
Lower High Structure: Recent price action shows a series of lower highs and lower lows, suggesting continued downtrend pressure.
Volume Weakness: The volume during the bounce from support is declining, indicating weak buying interest and potential for a fakeout.
Rejection Risk at Mid-Level Supply: The price is near a local supply zone (~$94,800–$95,000) that could act as resistance again.
Macro Context: If macroeconomic data or Fed policy is hawkish this week, it could lead to risk-off sentiment, affecting BTC negatively.
Bearish Scenario:
BTC fails to hold the $94,000 support zone.
Breakdown leads to a retest of $93,000–$92,500, the next significant demand zone.
If panic sets in or liquidity is swept under $94K, we could see a move toward $90,000.
Visual Disruption Suggestion:
Replace the upward blue arrow with a downward red arrow.
Mark a new support target near $92,500.
Indicate a potential fakeout just above the current resistance zone