Bitcoin Weekend Bounce Into POC | $60K Range Low in FocusBitcoin / TetherUSBINANCE:BTCUSDTThe_Alchemist_Trader_Bitcoin delivered a weekend bounce into the Point of Control (POC), which aligns in technical confluence with the 0.618 Fibonacci retracement. While the reaction shows short-term relief, price remains confined within a broader developing trading range. Key Highlights: - Bounce into POC + 0.618 Fibonacci confluence - Larger range structure clearly forming - $60,000 weekly low remains key downside magnet The broader structure now shows a defined range, with the range midpoint acting as resistance. Price has reacted into this zone but has not decisively reclaimed it. In range environments, midpoints often serve as equilibrium barriers separating bullish and bearish control. As long as Bitcoin remains below the range mid, the probability favors a corrective rotation toward the range low, where the $60,000 weekly support sits. This level represents the lower boundary of the structure and a key liquidity pool. From a technical and market structure perspective, Bitcoin remains range-bound. A decisive breakout above resistance or breakdown below support will be required to trigger the next volatility expansion.