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Gate Square New & Returning Creator Rewards are ongoing!
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BTC/USD Bullish Reversal Zone – Potential Rally Toward 105,963🔥👌
The chart shows Bitcoin forming a potential accumulation/bottoming structure around the $90,000 support region after a strong decline. Price is consolidating sideways inside the highlighted blue zone, suggesting that sellers are losing strength and buyers are beginning to defend this level.
Key points:
Support Zone: $88,000–$90,000 area is holding strongly.
Stop-Loss: Positioned below $83,250, indicating protection under the major support floor.
Entry Zone: Around the current consolidation band (near $90,000).
Bullish Projection: If price breaks upward from this base, the next major target is $105,963, matching previous structural highs.
Market Structure: The bounce attempt and horizontal accumulation hint at a possible V-shaped recovery or bullish continuation out of the demand zone.
$BTC #DecemberRateCutForecast