BTCUSD (15M) – Bullish Continuation SetupBITSTAMP:BTCUSD
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Structure | Trend | Key Reaction Zones
Price rebounded strongly from the yellow demand zone, confirming bullish structure formation.
A descending channel breakout is forming, showing potential for continuation.
The 113,000–112,000 range is acting as a short-term support and accumulation base.
Market Overview
BTC has regained momentum after tapping into the demand zone, showing strong buyer reaction and a shift in structure. If the market maintains support above 113,000, we can expect continuation toward the 114,500–116,000 range. Retracements toward 112,800–112,000 may offer fresh long opportunities for continuation plays.
Key Scenarios
✅ Bullish Case 🚀 → 🎯 Target 1: 114,500 → 🎯 Target 2: 116,000
❌ Bearish Case 📉 → Invalidation below 111,800
Current Levels to Watch
Resistance 🔴: 114,500 – 116,000
Support 🟢: 112,000 – 111,800
⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.
