BTC/USD Technical Analysis Bitcoin / U.S. dollarBITSTAMP:BTCUSDMarketStrategysignals🚀 BTC/USD Technical Analysis – Resistance Rejection in Focus 📉 📊 Market Overview BTC/USD has delivered a powerful bullish impulse after reclaiming market structure from the recent lows. The strong breakout above the previous range confirms bullish momentum, but price is now testing a major resistance zone around 64,800–65,000, where sellers are beginning to step in. 🔍 Key Technical Observations ✅ Strong bullish breakout from the previous consolidation range. 📈 Market structure remains bullish after the impulsive rally. 🚧 Price is currently facing a significant resistance zone near 64,900. ⚠️ Rejection candles at resistance suggest buying momentum is slowing. 🟨 A large Fair Value Gap (FVG) remains below, making it a potential retracement target before the next major move. 🎯 Trading Outlook Bullish Scenario 📈 A confirmed breakout and close above 64,900 could open the door for fresh highs and continuation of the uptrend. Bearish Scenario 📉 If resistance continues to hold, a short-term pullback is likely. Price may retrace into the FVG zone (around 62,800–63,500) to rebalance liquidity before determining its next direction. 🧠 Conclusion The overall structure remains constructive, but BTC is trading directly beneath a critical resistance level. A rejection here would favor a healthy correction into the Fair Value Gap, while a decisive breakout could trigger another bullish expansion. Waiting for confirmation around resistance provides the highest-probability setup. ⚠️ Disclaimer: This analysis is for educational purposes only and is not financial advice. Always wait for confirmation and apply proper risk management.