BTC/USD Bullish Continuation from Demand Zone
📈 Market Overview
BTC/USD has shown a strong bullish reaction after finding support within a well-defined demand zone, confirming that buyers remain in control. The recent liquidity sweep below short-term support attracted buying interest, leading to a sharp recovery and a continuation of the overall uptrend.
🔹 Key Support: 63,700–63,900 (Demand Zone)
🔹 Major Resistance: 65,300–65,400
🔹 Market Bias: Bullish
As long as price holds above the highlighted demand area, buyers may continue pushing the market toward the next resistance. A successful breakout above the resistance zone could open the door for a fresh bullish leg and new local highs.
🎯 Trading Plan
✅ Watch for bullish confirmation from the demand zone.
✅ Look for higher lows before considering long positions.
🎯 Initial target: 65,300
🎯 Extended target: 65,500+
🛑 Invalidation: A strong close below the demand zone could weaken the bullish outlook and increase the probability of a deeper pullback.
⚠️ Disclaimer: This analysis is for educational purposes only and is not financial advice. Always use proper risk management and wait for trade confirmation before entering the market.