Bitcoin ($BTC ) — Demand Zone Holding, Expansion Setup 🚀
Entry: 66,000 🟩
Stop Loss: 64,200 🛑
Target 1: 69,500 🎯
Target 2: 72,000 🎯
Target 3: 74,800 🎯
Structure Breakdown
• Intraday higher-low formation developing
• Strong demand
• Intraday higher-low formation developing
• Strong demand reactions near 64K
• Pullbacks showing decreasing sell momentum
• Tight compression below local resistance
As long as 64.2K holds, the bullish structure technically remains intact. A sustained push into 69.5K is the first liquidity test. Acceptance above 70K could trigger volatility expansion toward the upper targets.
Strength Confirmation Checklist
✔ Strong 4H close above resistance
✔ Expansion in breakout volume
✔ Shallow, controlled retracements
✔ No aggressive rejection wicks at highs
Invalidation Scenario
A decisive breakdown and acceptance below 64,200 shifts short-term structure bearish and increases probability of deeper retracement.
Momentum setups reward patience and discipline. Let price confirm — manage risk first, profits second.
Disclaimer: Trading involves risk. Not financial advice.
#BTC #bitcoin #cryptotrading 🚀