$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