BTCUSD | Watching a Support Retest Before a Potential Bullish Co

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BTCUSD | Watching a Support Retest Before a Potential Bullish CoBitcoin / U.S. dollarBITSTAMP:BTCUSDMrgoldtrade2Bitcoin remains in a short-term bullish market structure after producing a strong impulsive move from support. Price is currently pulling back toward a previously established demand area while continuing to trade above the recent breakout level. If buyers successfully defend this support region, the market may resume its upward movement toward the next resistance. A deeper breakdown below support would weaken the current bullish structure and shift focus to lower levels. Technical Overview Timeframe: 15 Minutes Market Structure: Bullish Current Bias: Pullback within an uptrend Key Resistance: 63,650 – 63,850 Key Support: 63,050 – 63,150 Potential Technical Targets Target 1: 63,850 Target 2: 64,100 Target 3: 64,350 Extended Target: 64,600 Alternative Scenario A sustained move below 63,000 could delay the bullish outlook and increase the probability of a deeper correction before trend continuation.