BTCUSD Bulls Eyeing a Strong Rebound From Key Demand Zone Bitcoin / U.S. dollarBITSTAMP:BTCUSDFrankAgboBitcoin is currently pulling back into a well-defined demand zone, where buyers have previously stepped in aggressively. The overall market structure remains bullish, and this retracement appears to be a healthy correction rather than a trend reversal. The highlighted demand zone around 61,650–62,350 is the key area to watch. As long as price respects this zone and forms a bullish confirmation (bullish engulfing, strong rejection wick, or higher low), the probability of a continuation to the upside remains high. A successful defense of this support could trigger a move toward 64,500, followed by 65,200–65,800. If bullish momentum remains strong, BTC could eventually retest the major resistance near 67,000, where sellers are expected to become active again. However, traders should remain patient. A decisive 4H candle close below the demand zone would invalidate the bullish setup and could open the door for a deeper correction before buyers regain control. Key Levels 🟦 Demand Zone: 61,650 – 62,350 🎯 Target 1: 64,500 🎯 Target 2: 65,200 – 65,800 🎯 Target 3: 67,000 ❌ Bullish Invalidation: Sustained close below 61,650 The current price action suggests Bitcoin is testing institutional demand. Watch for confirmation before entering, manage your risk carefully, and let the market confirm the next move instead of anticipating it. Trade Smart. Stay Disciplined. 🚀📈