BTC/USD Analysis

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BTC/USD AnalysisBitcoinCRYPTO:BTCUSDMarketStrategysignals₿ BTC/USD Analysis 📊🐂 🔍 Market Structure Price is trading inside a descending channel, showing the broader trend remains bearish. A strong support zone around 57,735 has held multiple times, preventing further downside. Current price is attempting a recovery from the channel's lower boundary. 📈 Bullish Scenario ✅ Buyers are defending support successfully. ✅ A breakout above the short-term descending trendline could trigger a move higher. ✅ The highlighted Order Block (OB) zone near 62,000–63,000 is the next major target. 🎯 Key Levels Support: 57,735 Current Price: ~59,937 Target 1: 61,500 Target 2: 62,500 – 63,000 (OB Zone) Major Resistance: 67,255 💡 Professional Outlook 🐂 As long as BTC remains above 57,735 support, the probability favors a corrective bullish move toward the 62K–63K supply zone. A rejection there could determine the next major trend direction.