BTCUSD: Bulls Gaining Momentum for a Recovery!Bitcoin / U.S. dollarBITSTAMP:BTCUSDDomicChainaBTCUSD is trading around 65.4k after rising above the previous consolidation zone. The price is holding above this level and gearing up for a breakout, while the primary trendline remains upward-sloping. This indicates that the "higher low" structure remains intact and buyers retain the short-term advantage. On the macro front, inflows into US spot Bitcoin ETFs reached approximately $110.3 million on July 20, signaling that institutional demand continues to support the recovery. A bullish scenario is favored if the price pulls back to the 64,850–65,150 range but sees a quick return of buying pressure. A clear H1 candle close above 65,500 would confirm the breakout, paving the way for BTC to advance and test the 66,800–67,300 target zone. Long entry zone: 64,850–65,150 Confirmation: H1 holds support and closes above 65,500 Near-term target: 66,200 Main target: 66,800–67,300 Short-term invalidation: Clear H1 close below 64,450