BTCUSD - Watching for a Pullback Before the Bounce?COINBASE:BTCUSD is retracing, and I’m keeping a close eye on the 98,500 - 99,200 zone. My expectation? A tap into this area, followed by a bounce back toward 102,000.
Why I’m watching that particular zone is because it has provided relatively strong reactions before. So, if buyers step in again, we could see a potential reversal.
🎯My target is 102,000 – If we get a bounce, this is my first price of interest. It’s a realistic target, and how it behaves there will shape the next move.
My plan:
⚡ Waiting for price to tap the zone – with patience.
⚡ Looking for bullish signs – Strong wicks, a shift in structure, or clear buying pressure would confirm the idea.
⚡ Watching 102,000 closely – If price reaches it, I’ll reassess whether it has strength to push even higher.
I’m expecting Bitcoin to pull back into that zone before making its way back to 102,000. If it plays out as expected, this could be a clean move.
⚠️ This is how I see the support and resistance zones—not financial advice! Always confirm your setups and trade with solid risk management.
