BTC - Bullish Retest + Breakout Targets (Bullish Scenario) Bitcoin / TetherUSBINANCE:BTCUSDTVIAQUANTNow that I've laid out the bearish scenario, I want to outline the bullish case by breaking down every key target where the next lower high could potentially form. Keep It Simple First Before diving into all the levels and confluences, let me start with the most straightforward thing to watch. If you prefer a clean chart, all you need to monitor is whether BTC performs a successful retest of the psychological $70,000 level which would also create successful retests on altcoins and their respective patterns. Or BTC will test the upper resistance of the triangular pattern. This corresponds to the white trendline in my current post. For an even simpler reference, watch for a retest of the orange trendline labeled "Watch for Retests" in the chart linked below (if BTC drops below $70k): The Confluence at $70k Now let's dive into all the targets, assuming BTC is able to hold either $70k or the old resistance as new support, both of which would confirm a successful retest. Notice how the $70k psychological level, the 0.5 Fibonacci ($69.5k), the 0.236 Fibonacci ($69k), and the white trendline all align in this range. There should be a significant build-up of new demand here that could fuel the bullish counter-trend rally I'll be examining targets for below. Target 1 – $74,500 to $75,600 (0.382 / 0.236 Confluence) Given a successful retest, the first upside target sits between $74,500 and $75,600. If the next lower high forms here, it would likely align with "Scenario 2" from my previous post on the Power of Three bearish setup. https://www.tradingview.com/chart/BTCUSDT/2nzBQcwC-BTC-The-Power-of-Three-Bearish-Scenario/?social_toast=true Target 2 – $79,000 to $80,800 (0.5 / 1.618 + Volume Confluence) If price continues the rally and pushes through Target 1, the next level where BTC could form a lower high is between $79,000 and $80,800. This level is supported by both Fibonacci confluence and a notable volume cluster. Main Target – $82,200 to $85,400 (0.382 / 0.618 / 0.382 Confluence) This is the highest I see BTC reaching in the context of a counter-trend rally. The macro structure remains bearish, and this range would likely represent the ceiling before the next lower high forms and the next leg of the bear market begins. There are an exceptional number of confluences here, multiple Fibonacci trends and historical price action all converging to give this range strong validity. Adding further confirmation, the measured move breakout target of the white triangle puts BTC at approximately $83,400. This would put price right in the middle of the main target range and aligns precisely with the 0.618 level of one of the Fibonacci trends. The macro picture still suggests BTC is in a bear market, but if this bullish scenario plays out, the levels and targets outlined above will be the key areas to watch. Make sure to check out my previous post for the full bearish scenario breakdown.