BTCUSD 15M Analysis | Demand Zone Remains the Key Technical Area
Bitcoin has shown a strong recovery from the highlighted demand zone, followed by a steady sequence of higher lows. The ascending trendline continues to support the current structure, indicating that buyers remain active around key technical levels.
The next challenge for price is the nearby resistance area. If momentum remains positive, the market may continue higher toward the projected resistance targets. If resistance holds, a pullback toward the buyer activity zone would still be consistent with the current technical structure.
Technical Summary
Timeframe: M15
Trend: Bullish
Structure: Higher Highs & Higher Lows
Buyer Activity: Active above demand
Key Focus: Trendline support and resistance reaction
Reference Levels
Resistance
64,300
64,600
65,000
Support
63,700
63,300
62,200–62,350
Reference Targets
Target 1: 64,300
Target 2: 64,600
Target 3: 65,000
Extended Target: 65,200 (if bullish momentum strengthens)