BTCUSD: Bullish Trend Remains Intact After Support Retest

As a trader with over five years of experience, I believe BTCUSD retains a bullish edge. Following a pullback to the uptrend line, buying pressure quickly returned, and the price continued to form higher lows, indicating that buyers remain in control of the primary structure.

The macroeconomic outlook is also leaning positive; expectations of a less hawkish Federal Reserve are weighing on the US dollar, while improved risk appetite is driving capital back into the cryptocurrency market. These factors could continue to bolster Bitcoin's upward momentum in the short term.

If BTCUSD holds the support zone around $62,800, I expect the price to push toward the $66,500 area to retest a key resistance level. Conversely, a failure to hold this support would undermine the bullish scenario and open the door for a deeper correction.