BTCUSDT Long: Recovery in Play - The Possible Road to 63KBitcoin / TetherUSBINANCE:BTCUSDTheniitradingHello traders! Here’s my technical outlook based on the current BTCUSDT (1h) chart structure. Bitcoin recently established a solid pivot point at the 59,100 support level (Demand 2). Following a sharp drop, buyers aggressively defended this lower boundary, leading to a quick reclamation of the primary 60,700 Demand level. Currently, BTC is trading near 61,850 and is executing a strong upward directional move. Price has successfully bounced from the lower demand zones and is now riding a steep recovery trajectory, just as the green arrow indicates. As long as BTC sustains its position above the 60,700 support zone, this bullish recovery scenario remains highly active. The immediate target for this upward push is a direct test of the 63,000 Supply Zone, aiming for the critical intersection where the horizontal resistance meets the descending Supply Line (TP1). Manage your risk!