BTCUSD H1: Bullish Breakout Targets the 66,000 Resistance

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BTCUSD H1: Bullish Breakout Targets the 66,000 ResistanceBitcoinCRYPTO:BTCUSDAmelia-JonesBTCUSD has broken out of its previous descending channel and formed a short-term ascending channel from the 63,600–64,000 support area. The strong breakout above the upper boundary of the channel suggests that buyers are regaining control, although a retest may occur before the next leg higher. Trade Setup: A Buy opportunity is favored if BTCUSD pulls back to the 64,800–65,000 support zone and prints a bullish confirmation signal. If this area holds, the next upside target will be the 66,000 resistance level. Invalidation Scenario: The bullish outlook will be invalidated if an H1 candle closes below 64,400, indicating that the breakout has failed and the short-term bullish structure has been broken.