BTCUSDT Long: Respecting Demand - Buy Side Liquidity in Focus

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BTCUSDT Long: Respecting Demand - Buy Side Liquidity in FocusBitcoin / TetherUSBINANCE:BTCUSDTheniitradingHello traders! Here’s my technical outlook based on the current BTCUSDT (3H) chart structure. BTC previously traded inside a descending channel, forming lower highs and lower lows, confirming bearish pressure. After a breakout from this structure, price entered a range. Following the range, BTC shifted into an ascending channel, forming higher lows and gradually building bullish momentum. Currently, price is approaching the 71,800 supply zone, which acts as key resistance. At the same time, BTC is holding above the demand zone and the lower boundary of the ascending channel, maintaining a constructive structure. As long as BTCUSDT holds above the 68,200 support and respects the ascending channel, the bullish bias remains valid. A continuation from this structure could push price toward the 71,800 resistance, which is the primary upside target. Manage your risk!