Bitcoin (BTC/USD) – 1H Chart Analysis

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Bitcoin (BTC/USD) – 1H Chart AnalysisBitcoin / US DollarCOINBASE:BTCUSDApexMarketExpertMarket Structure: BTC is showing a short-term bullish reversal after a prolonged downtrend. Price has formed a higher low near the support zone and is now respecting an ascending trendline, indicating growing buying pressure. 🔑 Key Levels Support Zone: 67,300 – 67,500 Strong demand area where price reacted sharply upward. Mid FVG (Imbalance): ~69,000 Acting as a reaction zone and currently supporting price continuation. Upper FVG / Target Zone: 73,000 – 73,400 Primary upside liquidity area. Major Resistance: ~76,000 Higher timeframe resistance and potential reversal zone. 📈 Indicators EMA 50: Price is trading above the EMA, suggesting bullish momentum in the short term. EMA is starting to slope upward → confirms trend shift. 📐 Price Action & Concept Break of short-term bearish structure Formation of higher low + trendline support Price likely to retest imbalance (FVG) before continuation Liquidity resting above equal highs near 73K 🎯 Trade Idea (Bullish Scenario) Entry: Pullback to trendline / 70,200–70,500 zone Target: 73,300 (FVG fill) Extended Target: 76,000 Invalidation: Break below 69,000 support / trendline