BTC/USD Buy Setup: 64K Support Holding, 66.3K Target

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BTC/USD Buy Setup: 64K Support Holding, 66.3K TargetBitcoin / U.S. dollarBITSTAMP:BTCUSDGOLD-MASTER-TRADEEntry: ~64,080 Stop Loss: ~63,150 Target: ~66,300 Risk/Reward: roughly 1:2.4, which is generally acceptable. Bullish factors Price has been making higher lows since the June 19 bottom. Recent pullbacks are being bought, suggesting short-term accumulation. The proposed target aligns with a previous resistance area around 66.3k. Current price is holding above the recent swing-low structure. Risks The entry is occurring near a consolidation zone; a breakdown below 63.8k could accelerate selling. BTC remains below the major highs seen earlier in the chart, so this is a countertrend recovery trade, not yet a confirmed higher-timeframe breakout. Volume data is not visible, making confirmation weaker.