BTC/USD Bullish Recovery Setup – Bitcoin Price AnalysisBitcoin / U.S. dollarBITSTAMP:BTCUSDBIGBULL-RUNThe chart shows **Bitcoin (BTC/USD)** recovering strongly after a sharp sell-off into the major support zone near **74,100 – 74,300**. * Price formed a strong rebound from support * Buyers defended the lower demand zone aggressively * Current momentum suggests a possible bullish recovery continuation * The green projection indicates higher targets ahead ### **Support Zone** * Major support: **74,100 – 74,300** * This area acted as a strong demand zone * The sharp bullish reaction confirms buying interest ### **Resistance Zones** #### **1st Resistance / Target** * Zone: **76,500 – 76,700** * Immediate upside target * Previous price reaction area and short-term resistance #### **2nd Resistance / Target** * Zone: **77,500 – 77,700** * Major resistance level * Break above this region may continue bullish momentum ### **Projected Move** The chart suggests: 1. Continuation of the rebound 2. Pullbacks during the move upward 3. Price aiming first for **76.6K** 4. Further bullish continuation toward **77.6K** ### **Targets** 🎯 **1st Target:** **76,600** 🎯 **2nd Target:** **77,600** ### **Bias** 📈 **Short-Term Bias: Bullish** As long as Bitcoin stays above the **74,100 support zone**, buyers remain in control with potential continuation toward higher resistance levels.