BITCOIN

BTC/USD is trading just beneath a major resistance zone, where price is consolidating after a strong bullish recovery. The formation of higher lows along the ascending support trendline suggests buyers remain in control, while the recent pause indicates healthy accumulation before the next potential move.

A confirmed breakout and close above the resistance zone could trigger fresh bullish momentum, opening the door toward the marked upside targets. As long as the ascending trendline continues to hold, the overall market structure remains bullish.

🎯 Key Levels (Must Watch):
🟢 1st Resistance / Target: 65,522
🟢 2nd Resistance / Target: 66,007
🔴 Support Zone: 64,150 – 64,350
🔴 Bullish Invalidation: A sustained break below the ascending trendline.

🌍 Market Focus:
Bitcoin remains sensitive to U.S. macroeconomic data, including labor market reports, inflation expectations, and Federal Reserve policy signals. Any weakness in the U.S. Dollar or increased institutional risk appetite could support further upside, while stronger-than-expected economic data may create short-term volatility.

⚠️ Disclaimer: This analysis is for educational purposes only and is not financial advice.