BTC Potential Long Setup (Structure Continuation)

Wait 5 sec.

BTC Potential Long Setup (Structure Continuation)BitcoinOANDA:BTCUSDPantherHoldingsAfter breaking market structure to the upside, Bitcoin is currently forming a healthy pullback and consolidation phase. The previous impulsive move created a weak high, meaning liquidity remains above it. At the same time, the BU-MB demand zone around 67.5k–68.5k remains the key institutional support area where buyers previously stepped in. As long as BTC holds above the 69k–68k structure, the overall bias remains bullish and the market could attempt another liquidity sweep above the weak high before continuing toward higher resistance zones. Trade Plan Entry Zone: 70,800 – 70,200 Stop Loss: 68,950 Targets: TP1: 72,400 TP2: 73,800 (Liquidity above weak high) TP3: 76,200 TP4: 78,500 Technical Confluence • Bullish Change of Character (CHoCH) followed by BOS • Strong reaction from BU-MB demand zone • Current consolidation forming bullish continuation structure • Liquidity resting above weak high (~74k) • Higher timeframe momentum still bullish ⚠️ Invalidation: If BTC breaks and closes below 68,800, the bullish structure weakens and price may revisit deeper demand around 63k.