Bullish Breakout Setup (4H)Bitcoin / U.S. dollarBITSTAMP:BTCUSDVisionaryInsightsPrice has been consolidating inside a descending structure and is now attempting a breakout, signaling a potential shift from compression to expansion. Bullish Confluences: Descending trendline breakout attempt after multiple rejections Clear range accumulation with strong support at the base Price holding above mid-band / dynamic support Volatility squeeze → potential for impulsive move Reclaim of short-term structure with higher lows forming Fibonacci Targets (extension move): TP1: 38.2% → 72.1K TP2: 61.8% → 73.3K TP3 (100%): 75.4K As long as price holds the breakout and doesn’t fall back into the range, this setup favors a move toward the 75.4K region.