BTC reclaims 65K; 65.6K decides whether the bounce can extend

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BTC reclaims 65K; 65.6K decides whether the bounce can extendBitcoin / U.S. dollarBITSTAMP:BTCUSDquantsignals_alphaBTC has rebuilt structure from the 63.6K low and is now holding above the rising 64.5K–64.6K trend stop on the 1-hour chart. The move through 65K is constructive, but price is entering the prior supply band. Continuation case: hold 64.9K–65.0K and close above 65.6K. That would expose 66.0K, then the 66.4K–66.8K distribution area. Failure case: lose 64.9K and accept back below 64.6K. That would turn the breakout into a failed auction and reopen 64.2K–64.0K. The setup stays bullish above 64.6K, with 65.6K as the confirmation level. Educational analysis only.