BTCUSD currently at the supporting area might take off soonBitcoin / U.S. dollarBITSTAMP:BTCUSDIGT_TradersBTCUSD is currently retracing into a well-established updated support zone, where buyers have repeatedly defended price. Despite the recent pullback, the overall market structure remains bullish, with higher lows intact after the previous Change of Character (CHoCH) and subsequent impulsive rally. This suggests the current decline may be a healthy correction before another upward expansion. The 62,200–62,500 support region is the key demand area to monitor. If buyers continue to defend this level and bullish confirmation appears on the lower timeframes, BTCUSD could begin another leg higher. A move above the psychological resistance around 65,500 would confirm renewed bullish momentum and increase the probability of a rally toward the upper liquidity zone. A decisive breakout above the previous swing highs would likely trigger buy-side liquidity, opening the path for an extended bullish continuation. Bullish Targets 🎯 Target 1: 63,500 – First resistance and initial bullish objective. 🎯 Target 2: 65,000 – Major psychological resistance and key breakout level. 🎯 Target 3: 67,000 – Primary bullish target aligned with the upper liquidity/supply zone. Bullish Bias: As long as BTCUSD remains above the updated support zone, the bullish structure remains valid. A successful defense of support followed by a break above 65,000 could accelerate buying pressure toward 67,000, making the current pullback a potential buying opportunity within the broader uptrend.