Bitcoin
Long

BTCUSD Bullish Breakout Retest Toward 72K

169
🔎 Current Structure


Clean breakout above key horizontal resistance (~70,000).


Sharp impulse leg indicates institutional momentum.


Price now approaching a potential pullback zone (67,700–68,100).


Market structure remains bullish while above 67,000.


📈 Bullish Scenario (High Probability)


Entry Zone: 67,700 – 68,100 (breakout retest / demand zone)


Stop Loss: Below 67,000


Targets:


TP1: 69,700 (minor resistance)


TP2: 70,600


TP3: 72,000+ (measured move from breakout)




A healthy retracement into the highlighted entry zone would provide a continuation setup toward new highs.
⚠️ Bearish Risk
If price closes below 67,000, bullish momentum weakens and deeper retracement toward 66,000 becomes possible.

Bias remains bullish continuation as long as price holds above the 67K support structure.

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