Bitcoin 4H Trendline Retest – Bullish Continuation SetupBitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PGoldMasterTradesBitcoin 4H Trendline Retest – Potential Bullish Continuation Setup The chart shows the 4-hour price structure of Bitcoin against USDT on Binance, highlighting a significant technical structure that could define the next directional move. The market recently experienced a strong impulsive rally followed by a healthy corrective phase, and price is now approaching a key structural area where multiple technical factors are converging. 1. Market Structure Overview Looking at the broader structure, the market previously remained inside a descending resistance trendline, forming a series of lower highs while consolidating within a wide horizontal range. Key observations from the chart: A clear descending trendline has been respected multiple times, acting as dynamic resistance. Price spent several weeks forming sideways consolidation between approximately $64,000 and $72,000. Multiple rejection zones (highlighted areas) indicate strong supply reactions whenever price attempted to push higher. This structure suggests that the market was previously in a corrective accumulation phase, allowing liquidity to build before the next expansion. 2. Rounded Accumulation Formation One of the most interesting elements visible on this chart is the rounded bottom structure that developed before the recent breakout. This curved price action indicates: Gradual seller exhaustion Increasing buy-side pressure A shift in market sentiment from bearish to bullish Rounded accumulation patterns often appear before large impulsive expansions, and in this case, the market confirmed the pattern with a strong vertical breakout move. 3. Breakout and Liquidity Sweep After forming the rounded base, Bitcoin produced a sharp bullish impulse, breaking above the descending resistance structure. During this move: Price aggressively pushed toward the $73,000–$74,000 region This area likely contained buy-side liquidity and trapped breakout traders A liquidity sweep occurred, followed by a pullback Such moves are common in trending markets, where the price grabs liquidity before forming the next continuation structure. 4. Current Price Position – Trendline Retest At the moment, price is retesting the previously broken trendline, which is now acting as potential dynamic support. This area is important because it represents a confluence zone: • Previous descending resistance • Trendline retest • Psychological round number near $68,000 • Local demand reaction zone This type of confluence often becomes a decision point for institutional flows. 5. Bullish Scenario If the trendline support holds and buyers step in, we may see: Short-term consolidation around $68,000 Confirmation of support through bullish candles Momentum building toward higher levels Potential upside targets: $70,000 – $71,000 (first resistance) $72,000 – $73,000 (major supply zone) Break above this region could trigger continuation toward $75,000+ The projected arrow on the chart reflects this possible continuation structure after confirmation. 6. Bearish Scenario However, if price fails to hold the trendline: The breakout could turn into a false breakout Price may revisit the range support around $66,000 – $65,000 Deeper liquidity could sit near $64,000 This would suggest the market requires further accumulation before continuation. 7. What Traders Should Watch For confirmation, traders should monitor: Bullish rejection wicks near the trendline Strong volume support around the $68K area Break of short-term lower highs Market structure shift on lower timeframes Patience is important here, as the chart itself notes “Any Confirmation”, indicating the setup still requires price action validation. Conclusion Bitcoin is currently testing a critical structural level after a breakout, making this a high-probability decision zone. The market has already shown signs of accumulation and strength, but the trendline retest will determine whether bulls regain control or if the market needs deeper consolidation. If buyers defend this level successfully, the next move could be a continuation toward new highs, potentially targeting the upper liquidity zones above $73,000.