$BTC/USDT TECHNICAL ANALYSIS: BULLISH REVERSAL IN PLAY $BTC

The $BTC chart is currently displaying a strong recovery from its recent local bottom at 66,281. After a period of consolidation, the price action has formed a series of higher lows on the timeframe, signaling a shift in momentum from bearish to bullish.

The recent surge toward 67,130 shows that buyers are aggressively defending the mid-66k support zone. As the price stabilizes above the immediate moving average (yellow line), a breakout above the 67,288 resistance level is expected to trigger a significant move toward the higher supply zones.

BULLISH TARGETS

* Target 1 (TP1): 68,150

* Target 2 (TP2): 69,450

* Target 3 (TP3): 70,700

PROTECTION LEVEL

* Stop Loss (SL): 65,850

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