Bitcoin has completed a corrective move into a high-probability bullish Order Block positioned within the discount zone, where price is now showing signs of stabilization after rejecting lower levels. This reaction suggests that buyers are actively defending institutional demand, keeping the broader bullish structure intact.

The previous decline appears to have been a liquidity-driven retracement rather than a structural breakdown. Price has successfully tapped into the Order Block while respecting the lower boundary of the descending channel, indicating that sell-side liquidity may have already been absorbed. The immediate bullish reaction from this area strengthens the case for a potential trend reversal.

From a Smart Money Concepts perspective, Bitcoin is trading from a discounted price area, offering favorable conditions for institutional buying. If buyers maintain control above the Order Block, the market is likely to reclaim the descending trendline before targeting the premium zone and eventually the major resistance where buy-side liquidity is resting.

A confirmed breakout above the descending trendline would validate the bullish continuation and could accelerate momentum toward higher liquidity pools. However, a decisive close below the Order Block would invalidate the current setup and shift short-term momentum back in favor of sellers.

🟢 BTC/USD BUY SETUP 📈

💰 Entry: 64,500 – 64,560

🎯 TP1: 64,700
🎯 TP2: 64,850
🎯 TP3: 65,000
🎯 TP4: 65,100

🛑 SL: 64,390