Bitcoin (BTC/USD) 2H Chart – Bullish Breakout Retest Toward 71KBitcoin all time history indexINDEX:BTCUSDTimXauTradesChart Analysis 1️⃣ Market Structure Price was moving inside a descending channel (clear short-term downtrend). A breakout above the channel occurred → indicating potential trend reversal. After breakout, price formed higher highs and higher lows (short-term bullish structure). 2️⃣ Current Price Context Current price around 67,600 Recent pullback from ~68,800 resistance. Price is approaching a marked demand zone (66,000 – 66,600 area). 3️⃣ Demand Zone Reaction Setup Highlighted purple box shows a strong demand area. If price retraces into this zone and shows bullish confirmation (rejection wicks / strong bullish candle), buyers may step in. Stop-loss appears below ~65,400 (below structure low). 4️⃣ Target Projection Upside target marked around 71,000 That aligns with: Previous resistance Psychological round number Measured move from channel breakout 5️⃣ Trade Idea (Based on Chart Markup) Buy zone: 66,000 – 66,600 Stop-loss: Below 65,400 Target: 70,800 – 71,000 Risk:Reward looks favorable (approx 1:3+) 📊 Overall Bias: Bullish above 65,400 If demand holds → continuation toward 70–71K likely. If 65,400 breaks → bullish structure invalidated. If you want, I can also give you: Lower timeframe confirmation strategy(15m/30m entry model) Or probability-based breakdown (bullish vs bearish scenario