Bitcoin ($BTC ) has delivered a technically powerful reaction from a major weekly demand zone, reinforcing the bullish structure that many traders have been waiting for. Price respected this zone with precision, confirming that buyers are still firmly in control at higher-timeframe support.

Why This Zone Matters

The $72,000 – $74,000 region is not just another support area—it’s a high-confluence weekly demand zone that has historically attracted strong buying interest. Each previous visit to this level resulted in aggressive upside continuation, and once again, market participants stepped in decisively.

This reaction suggests:

Strong institutional interest at discounted levels

Sellers losing momentum near demand

Long-term bulls defending structure

Trade Structure Overview

With price holding above weekly support, the market structure remains bullish, favoring continuation toward higher liquidity zones.

Entry Zone:

🔹 $72,000 – $74,000

This range offers a favorable risk-to-reward profile, aligning with higher-timeframe demand and prior accumulation behavior.

Upside Targets

As Bitcoin stabilizes above support, upside liquidity levels come into focus:

🎯 Target 1: $100,800

🎯 Target 2: $119,500

These targets align with:

Previous resistance zones

Psychological price levels

Expansion from the current consolidation range

A move toward these levels would represent a strong continuation of the macro uptrend.

Risk Management & Invalidation

Risk control remains essential, even in high-probability setups.

❌ Invalidation: Weekly close below $70,000

A weekly close below this level would signal a breakdown of demand and invalidate the bullish thesis, shifting market bias to caution or consolidation.

Conclusion

Bitcoin’s reaction from weekly demand reinforces the broader bullish outlook. As long as price holds above the invalidation level, the setup favors long positions with upside continuation toward six-figure targets.

✅ Bias: Bullish

✅ Structure: Intact

✅ Trade: Long on $BTC

As always, manage risk wisely and let the higher-timeframe structure guide the trade.

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