BTC/USD Trading Between Supply and Demand | Watching Key Technic

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BTC/USD Trading Between Supply and Demand | Watching Key TechnicBitcoin / U.S. dollarBITSTAMP:BTCUSDMrgoldtrade2Bitcoin is currently positioned between a nearby supply zone and a well-defined demand area after recovering from the lower boundary of the previous channel. The recent rebound has slowed beneath descending resistance, suggesting that buyers and sellers remain balanced around current prices. The projected movement shown on the chart illustrates one possible technical scenario based on existing price structure. A temporary rebound toward resistance may occur before another test of support if selling pressure remains active. A sustained move above the highlighted resistance zone would improve the technical picture and shift focus toward higher levels. This analysis is intended for educational purposes and reflects only the current chart structure. Important Levels Resistance 64,750–64,800 65,200 65,600 Support 64,350–64,450 64,000 63,600 Potential Technical Objectives Target 1: 64,350 Target 2: 64,000 Target 3: 63,600