Bitcoin defends mid-$60k zone, targets $95k, $125k, $150k, $200k

Bitcoin retests weekly support. Four upside targets in play: $95k, $125k, $150k, $200k.

Bitcoin pulls back to a key weekly zone after a breakout. The level holds as support so far per market updates.

Analyst Johnathan Carter flags a clean S/R flip on the weekly chart in his post. Buyers defend the mid-$60k area, the prior breakout zone per price action.

He views the retest as structural confirmation of the breakout on the weekly. An inverse head-and-shoulders backs the setup on higher timeframes.

The neckline overlaps the current S/R band. Price shows a rounded retest, signaling a controlled pullback per the chart read.

As the zone holds, Carter maps four targets from near-term to long-term:

• $95,000 near-term resistance from recent structure
• $125,000 aligning with a prior consolidation range in the last rally
• $150,000 as a next structural and psychological milestone
• $200,000 as the full measured move after the inverse H&S breakout on the weekly

Bids keep defending the retest, with no breakdown in structure per recent updates. The bullish framework remains in place while support holds per market signals.