**BTC/USD Bullish Recovery from Support to target..

Jun 8

Bitcoin has successfully rebounded from the major support zone around **$59,000–$59,500**, forming a series of higher lows and breaking out of the short-term descending channel. The price is now trading above a rising trendline, indicating that bullish momentum is gradually returning.

The highlighted consolidation area acted as a distribution zone during the previous downtrend. After the sharp decline, buyers stepped in near support and pushed the market higher, creating a potential trend reversal structure.

As long as BTC remains above the ascending trendline and the **$61,500–$62,000** support region, the bullish outlook remains intact. A sustained move above recent highs could open the door for a continuation toward the next key resistance level.

### Target

🎯 **Primary Target: $65,226**

### Key Levels

* **Support:** $61,500 – $62,000
* **Major Support:** $59,000 – $59,500
* **Resistance:** $63,500 – $64,000
* **Target:** $65,226

### Trading Idea

The current structure favors buyers while price holds above the rising trendline. A bullish continuation toward **$65.2K** remains likely if momentum persists and Bitcoin maintains higher lows above support.

Jun 8

Trade active

active

Jun 16

Trade closed: target reached

my given target is achieved