BTC/USD Technical Analysis – Bullish Trendline Retest in Focus

🚀 BTC/USD Technical Analysis – Bullish Trendline Retest in Focus 📈
📊 Market Overview

BTC/USD is currently trading above a well-respected bullish trendline, indicating that buyers are still defending the short-term uptrend. Price recently faced rejection from the 65,500 resistance zone and is now consolidating just below the key breakout level.

🔍 Technical Outlook
✅ Price remains above the ascending trendline, keeping the bullish structure intact.
📈 A successful retest of the trendline could attract fresh buying pressure.
🎯 A breakout above 64,995–65,000 may trigger continuation toward 65,300, with 65,500 acting as the next major resistance.
⚠️ If the trendline fails, BTC could decline toward the 64,740 support area, where buyers may attempt another recovery.
🎯 Trading Plan
🟢 Buy Zone: Around the bullish trendline after confirmation.
🎯 Target: 65,300 (extended target near 65,500).
🛑 Stop Loss: Below 64,740 to manage downside risk.
🧠 Conclusion

The overall bias remains bullish as long as the ascending trendline holds. A confirmed bounce from support could provide a high-probability long setup, while a break below the trendline would invalidate the bullish scenario and shift momentum to the downside. 📊