#BTCUSDT Weekly Outlook: Pullback Could Offer the Next Swing BuyBitcoin / TetherUSBINANCE:BTCUSDTSetupsfx_🔺Bitcoin has produced a strong bullish reaction from the long-term demand area between approximately $57,000 and $64,000. The large weekly expansion candle indicates that buyers defended this region aggressively and pushed the price out of its recent consolidation. 🔺At the time of this chart, Bitcoin is trading near $77,235. Although momentum has improved, the price is approaching resistance around $80,000–$84,000. Therefore, entering after the sharp rise offers a less attractive risk-to-reward profile than waiting for a controlled retracement. Potential Buy Areas 🔺The primary level to monitor is $70,853.36. This represents the chart’s preferred pullback area and could act as new support following the recent breakout. A rejection from this level—followed by a higher low or bullish structure shift on a lower timeframe—would provide stronger confirmation than buying immediately. 🔺If Bitcoin falls through this level, the deeper $64,000–$57,000 demand zone becomes important. This is where the latest bullish move originated, making it a possible secondary accumulation area for investors using staged entries. Upside Targets 🔺The first obstacle is the previous resistance and imbalance around $80,000–$84,000. A convincing weekly close above this region would strengthen the bullish continuation scenario. The chart then identifies two major objectives: • Main target: $97,835.14 • Final target: $122,902.67 🔺The $97,835 level is likely to attract profit-taking because it sits near a major psychological price and previous supply. If buyers successfully reclaim that area, Bitcoin could challenge the previous high and progress towards the final target near $122,903. Risk and Invalidation 🔺The bullish outlook remains valid while Bitcoin protects the broader weekly demand structure. A decisive weekly close below $56,906.69 would invalidate this setup, suggesting that buyers have lost control and that a deeper correction may follow. 🔺Due to the considerable distance between the proposed entry and invalidation levels, retail traders should reduce position size and avoid excessive leverage. Investors may consider dividing their intended allocation across the two buying areas rather than committing all their capital at a single price. Final View 🔺Bitcoin’s weekly recovery supports a bullish medium-to-long-term outlook. However, a more favourable opportunity may arise from a retracement rather than pursuing the current price. A confirmed reaction from $70,853, followed by a break above $80,000–$84,000, would create a stronger route towards $97,835 and ultimately $122,903. LIKE AND COMMENT❤️🇬🇧 TEAM SETUPSFX_ TEAM