Bitcoin Technical Analysis | Demand Zone Could Support the Next Bitcoin / U.S. dollarBITSTAMP:BTCUSDMrgoldtrade2BTCUSD recently printed a strong bullish expansion followed by a healthy retracement. The highlighted support area aligns with previous buying activity, making it an important zone to monitor for price reaction. As long as price respects this demand area, buyers may attempt another move toward recent highs. Confirmation through bullish candles and improving momentum could strengthen this scenario. Key Levels Resistance 63,650 63,900 64,200 Support 63,150 63,000 62,700 Possible Price Path First Objective: 63,850 Second Objective: 64,150 Third Objective: 64,400 Extended Objective: 64,600 Risk Consideration If the support zone fails to hold, price may continue correcting toward the next lower support before finding renewed buying interest.