Description

◆ BTCUSD continues to hold a bullish market structure, building on the higher-lows pattern from the 62,000–63,000 zone. Price has now tagged the 65,300 area, pushing into the upper edge of the prior resistance/supply zone. A recent CHoCH confirms the short-term bullish shift, and the zone that once capped price is now acting as a pivot for the next directional move. Liquidity remains stacked below the current range, keeping both breakout and pullback scenarios in play.

◆ If BTCUSD holds acceptance above 65,300, the next target opens toward the 66,200–66,600 liquidity pocket, with continuation potential toward the 66,000 five-week-high region already tested in late July. A failure to hold this zone, however, could send price back into the 63,000–62,500 support/liquidity area for retest. Traders may want confirmation via a clean retest-and-hold of 65,300 before treating this as validated continuation, particularly with ETF flow data still mixed.

This analysis is for educational purposes only and does not constitute financial or investment advice. Always conduct your own research before making trading decisions.