Title: BTC/USD Bullish Recovery Setup

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Title: BTC/USD Bullish Recovery SetupBitcoin / U.S. dollarBITSTAMP:BTCUSDPRIMEALPHA-FX BTC/USD is currently experiencing a corrective pullback after a strong bullish impulse that broke previous market structure (BOS). Price has retraced below the Ichimoku Cloud, indicating short-term weakness, but the overall higher-timeframe trend remains bullish. The highlighted **Order Block (OB)** below acts as a key demand zone where buyers could step in. If Bitcoin finds support and forms a bullish reaction around this area, it could resume its upward momentum. A successful recovery back above the Ichimoku Cloud would strengthen the bullish outlook and increase the probability of a continuation toward the next resistance. ### **Bullish Target:** 🎯 **Target: $66,000** ### **Key Levels:** * **Support:** $61,800–$62,000 (major demand zone) * **Order Block:** Around $63,700–$64,000 * **Current Resistance:** $65,400–$65,500 * **Target:** **$66,000** ### **Trade Idea:** Wait for bullish confirmation from the highlighted Order Block before considering long positions. A strong bounce with increasing buying momentum could drive BTC back toward **$66,000**, while a failure to hold the demand zone may lead to a deeper correction before the uptrend resumes. **Bias:** 🟢 **Bullish (after confirmation from the Order Block)**