BTCUSD 2H – Bullish Bounce from Channel Support (Target 71K)

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BTCUSD 2H – Bullish Bounce from Channel Support (Target 71K)Bitcoin / U.S. dollarBITSTAMP:BTCUSDXAUFxMasterySupport zone (buy area) ✅ 62,139 – 63,273 Stop-loss ❌ 61,974 – 62,060 Targets 🎯 70,910 – 70,997 🎯 Extended target: 71,054 Simple idea (what this setup means) This is a bullish bounce setup: Price came down into a strong support + channel support area. If price holds above the support zone, the plan is for a move back up toward the 70k – 71k area. Bias 👉 Bullish while price stays above ~62,000 Important note (risk) If a 2H candle closes clearly below 61,974, this setup becomes invalid and the bullish idea is weak. Short summary Trend: 📈 Up (channel) Zone to watch: 62.1k – 63.2k Target: ~71k Invalidation: below ~62k