BTCUSD | Watching Demand Zone For Continuation
From a price action perspective, BTCUSD reacted strongly after reaching a high-demand area, creating an impulsive recovery that shifted short-term momentum back toward the buyers.
The highlighted resistance remains the next important obstacle. A successful breakout and hold above this level could open the way for further upside. If resistance holds, a controlled retracement toward support would still be consistent with the current market structure.
Trading Plan
Bullish Scenario
Monitor bullish confirmation above support.
Watch for continuation toward higher resistance levels.
Potential Targets
🎯 Target 1: 63,850
🎯 Target 2: 64,250
🎯 Target 3: 64,600
🎯 Target 4: 64,900–65,000
Risk Note
A break below the highlighted demand area would suggest that buyers are losing short-term control, so it is important to reassess the structure before considering new positions.