BTCUSD Bullish Channel Breakout Setup | Targeting 65K After SuppBitcoinOANDA:BTCUSDGold_Market_MindBTCUSD 15M Technical Analysis Market Structure: BTCUSD is trading inside a rising channel and has recently bounced from a key demand/support zone around 62,750–62,950. Buyers defended this area multiple times, indicating strong short-term bullish sentiment. Bullish Scenario: Price is currently holding above the marked support zone. The ascending channel remains intact, suggesting continuation of the uptrend. A sustained move above 63,300–63,400 could trigger momentum toward the projected target area near 64,900–65,000. Key Levels: Support: 62,750 – 62,950 Current Price: ~63,200 Target: 64,900 – 65,000 Stop Loss: 62,560 Trading Idea: Traders may look for buy opportunities on pullbacks into the support zone while the price remains above the channel support. The setup offers a favorable risk-to-reward ratio, targeting the upper resistance region. Risk Factors: A break below 62,750 would weaken the bullish structure. A close below 62,560 could invalidate the setup and open the door for further downside.