- High Timeframe Insights: Weekly charts reveal untouched demand zones that could serve as future buying opportunities if Bitcoin retraces
- Daily Demand and Liquidity: On lower timeframes, liquidity zones near $85K–$89K suggest strong areas for potential support
- Unpredictable Markets: While scenarios point to potential moves, the market remains uncertain, so flexibility and preparation are crucial
Bitcoin is flying high right now, but before you rush to hit that buy button, let’s take a closer look.
On higher timeframes like the weekly chart (where each candle represents a week), we can see some interesting demand zones that could serve as potential buying opportunities if the price retraces.
Demand Zones on Weekly Timeframes
Looking at the weekly chart, Bitcoin’s current trajectory has left behind some untouched demand zones. These are areas where buyers previously stepped in, creating potential spots for price to bounce if revisited.
![](https://www.bitcoinsensus.com/wp-content/uploads/2024/11/image-51-1024x492.png)
Waiting for the price to dip into these zones might give traders a better risk-to-reward setup.
Zooming In: Daily Timeframes
On the daily chart, there’s a demand zone below that appears particularly strong.
Why? It coincides with liquidity—a term used to describe clusters of orders waiting to be triggered near key levels.
![ethereum price](https://www.bitcoinsensus.com/wp-content/uploads/2024/11/image-52-1024x506.png)
Bitcoin could dip just enough to grab that liquidity before continuing its bullish trend.
Alternatively, the price might not need to dip that far at all. Bitcoin could be satisfied with just sweeping some of the liquidity and resuming its climb. Either scenario is worth preparing for.
![ethereum price](https://www.bitcoinsensus.com/wp-content/uploads/2024/11/image-53-1024x506.png)
Remember, No Crystal Ball
It’s essential to keep in mind: markets are unpredictable. Bitcoin could do something entirely different from what the charts suggest—it’s the nature of the beast. The scenarios we’ve outlined here are possibilities, not guarantees.
Key Levels to Watch
- Weekly demand zones: Watch for price retracements that touch these areas
- Daily demand and liquidity zones: The $85K–$89K range could be critical for future moves
- Current price action: Look for signs of momentum shifts to determine if Bitcoin is ready to pull back or push higher
Final Thoughts
While Bitcoin’s momentum is exciting, it’s not always the best idea to chase the market. Waiting for a retracement to key demand zones could provide more strategic entry points. As always, this analysis is informational—not financial advice.
Markets are unpredictable, so trade wisely, protect your capital, and stay prepared for anything.