Bitcoin Morning Update - London open

Bitcoin Morning Update 📉

Overnight, we've continued bearish with the 30-minute structure. Currently, we're finding support at the golden pocket, which is confluent with the Point of Control (POC).

Bullish Scenario 🟢
We can either bounce here for a continuation up to 95K 📈
Or, we could dip into the 45m demand and 10m demand below before a move up
I’ll be looking for market structure confirmation longs at these zones
Bearish Scenario 🔴
If we continue to purge demand, there's a 10m unmitigated supply zone above
Tagging this could create a wonky double-top bear flag ⛔
This could lead to range-bound price action, building liquidity for a drop to 45m demand and ultimately the 78K low
I’ll be watching for shorts at this 10m zone and look to de-risk immediately
Key Notes ⚡
We have officially filled the CME Futures gap between 86K – 93K
Demand zones act as magnets—they can attract or repel price
No change, no trade—patience is key
Let’s see what London open and the rest of the day bring. 🚀