The chart clearly highlights the next potential move of the market. $BTC on the 15-minute timeframe is showing a well-structured bullish recovery, with key demand and resistance zones clearly respected.
Bitcoin recently experienced a sharp decline into the 68,800–69,000 demand zone, where strong buying pressure emerged. This area acted as a liquidity sweep, shaking out weak hands before institutional buyers stepped in. The aggressive bullish reaction from this zone confirms it as a strong accumulation base and a key structural support for the ongoing move.
Following the bounce, BTC reclaimed intraday resistance and formed a sequence of higher lows and higher highs, confirming a short-term trend shift. The impulsive candle breaking above 70,000 reflects renewed momentum and confidence among buyers. Rising volume during this recovery further validates that the move is supported by genuine demand rather than weak speculative activity.
Currently, price is consolidating around the 70,400–70,600 region, which serves as a healthy continuation base. As long as BTC holds above this zone, the bullish structure remains intact. This consolidation represents strength, not weakness, and increases the probability of continuation toward higher resistance levels.
The 72,260 level acts as a key technical breakeven and supply zone. A strong breakout and hold above this level would confirm further bullish strength and likely trigger breakout buying, potentially accelerating the move toward the next major liquidity pool near 74,200.
However, risk management remains essential. A breakdown below 69,600 would invalidate the bullish structure and suggest a possible retest of lower demand. Maintaining higher lows is critical for continuation.
Trade Setup
Entry Zone: 70,400 – 70,600
Target 1: 71,500
Target 2: 72,260
Target 3: 74,200
Stop Loss: 69,600
This setup is based on demand zone defense, bullish structure shift, and momentum continuation. As long as price respects higher lows and holds above the entry base, the bias remains bullish.
