Bitcoin retracement bullish setup Bitcoin / U.S. dollarBITSTAMP:BTCUSDVisionaryInsightsPrice is showing early signs of a potential bullish reversal after sweeping liquidity at the recent lows and forming a short-term base. ✔ Bullish Confluences Price holding above lower volatility bands, showing reduced sell pressure and potential accumulation. Higher-low structure forming after the liquidity sweep, indicating a shift in short-term momentum. Attempt to reclaim mid-channel EMA zones, suggesting buyers are stepping in. Green momentum signals aligning with stabilized candle structure. 🎯 Fibonacci Extension Targets If price confirms a breakout and holds above the local EMAs, here are the next upside targets: 38.2% – 85,900 61.8% – 86,950 100% – 88,000 A confirmed break above the 38.2% level opens the path toward 87k+ and the full 100% extension. A clean break and retest above the 38.2% level would strengthen the bullish case toward the higher targets.