BTC/USD Shows Recovery Signals — Can Bulls Reclaim Control?Bitcoin / U.S. dollarBITSTAMP:BTCUSDYong726BTC/USD is starting to show early signs of recovery after the sharp sell-off that dominated the market since mid-May. The broader structure is still not fully bullish yet, but the recent price action shows that buyers are finally trying to build a base above the 62,000–63,000 support zone. From a market structure perspective, Bitcoin was clearly under pressure for several weeks, forming lower highs and lower lows while sellers controlled momentum. However, after reaching the 60,000 area, the downside move began to slow. Price has since started to form a higher low structure, suggesting that the market may be entering a recovery phase rather than continuing straight into another aggressive sell-off. The first key area to watch is the 62,000–63,000 support zone. This region is now acting as the short-term demand area for buyers. As long as BTC holds above this zone, the recovery structure remains valid. A clean defense of this support would suggest that buyers are absorbing selling pressure and preparing for another attempt higher. On the upside, the most important resistance zone is 66,800–68,500. This is the area bulls need to reclaim in order to confirm stronger recovery momentum. A breakout and close above 66,800 would be the first meaningful signal that buyers are regaining control. If price can hold above this area, the next upside targets could open toward 68,500, followed by the wider resistance zone around 72,000–74,000. For the bullish scenario, Bitcoin needs to stay above 62,000–63,000 and break above 66,800 with strong follow-through. If this happens, the current bounce could develop into a broader recovery phase. For the bearish scenario, failure around 66,800–68,500 would keep sellers active. If BTC loses 62,000 support, the recovery attempt may fail, and price could revisit 60,000 or even 58,000. Market sentiment is currently neutral to cautiously improving. The panic selling has slowed, and buyers are showing more activity near support, but a full trend reversal has not been confirmed yet. The market still needs a breakout above resistance to shift sentiment more clearly in favor of the bulls. Right now, Bitcoin is sitting in a key decision zone. Bulls need to defend support and reclaim resistance. Bears need to reject the recovery and force price back below support. Share your view below: Will BTC/USD break above 66,800 and continue toward 68,500–72,000? Or will sellers defend resistance and push Bitcoin back toward 62,000 and 60,000?