BTC/USD Daily Chart Analysis (SMC)BitcoinOANDA:BTCUSDLeon-Gold-TraderBitcoin is trading inside a strong daily demand zone around 62,700–64,000. As long as this zone holds, the higher-probability scenario remains bullish. Market Structure Daily trend is recovering after a Break of Structure (BOS). Price is consolidating above support before the next impulsive move. Buyers remain in control while price holds above the demand zone. Key Support Levels 62,700–64,000 (Primary demand) 57,900–58,500 (Major demand) Key Resistance Levels 67,515 (First resistance) 73,464 (1.618 Fibonacci target) 83,091 (Major resistance) 92,718 (3.618 Fibonacci target) 98,000–100,000 (Major supply zone) Buy Setup Entry 1 Buy between 62,800–64,000 Wait for bullish confirmation (bullish engulfing, BOS on lower timeframe, or rejection candle). Entry 2 Buy after a breakout and successful retest above 67,515. Stop Loss Conservative: Below 61,800 Swing invalidation: Daily close below 57,900 Take Profit Targets TP1: 67,515 TP2: 73,464 TP3: 83,091 TP4: 92,718 Final Target: 98,000–100,000 Invalidation The bullish outlook becomes invalid if Bitcoin closes below 57,900 on the daily timeframe. A break below this level would indicate that sellers have regained control and increase the probability of further downside. Trading Plan Direction: Buy Best Entry Zone: 62,800–64,000 Confirmation: Bullish rejection or Break of Structure Risk per Trade: 1–2% Invalidation: Daily close below 57,900 Conclusion Bitcoin is holding a strong demand zone and maintaining a bullish structure. If support remains intact, the market has the potential to move toward 67.5K, 73.4K, 83K, 92.7K, and eventually the 98K–100K resistance zone.