BTCUSD: Pullback to support, setting up a rally to 67,800

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BTCUSD: Pullback to support, setting up a rally to 67,800Bitcoin / USDBINANCE:BTCUSDDomicChainaBTCUSD is trading around 64,670 after breaking out of a downtrend channel and shifting into a recovery structure. The price currently sits above both moving averages, with the fast MA remaining above the slow MA, indicating that buyers retain control on the H4 timeframe. Trading Plan Long entry zone: 62,300–63,600 Confirmation: Bullish rejection or a solid H4 close above 65,000 Primary targets: 66,800–67,800 Invalidation: Clear H4 close below 62,000 The 62,300–63,600 range serves as a key support area. If BTC retraces to this level but shows a bullish rejection candle and quickly reclaims 64,000, the pullback could conclude before the price resumes its upward movement toward the target zone. As long as BTCUSD holds this support zone, the bullish scenario targeting 67,800 remains the preferred outlook.