It will be bullish but a retest must happenBitcoin / US DollarCOINBASE:BTCUSDRich_From_HomeBTC/USD Technical Forecast: A Structurally Mandated Retracement Before the Next Major Expansion The current market structure on the BTCUSD 4-hour timeframe strongly suggests a high-probability corrective phase is imminent prior to a continuation of the macro bullish trend. Our analysis identifies a confluence of factors, primarily a pronounced momentum divergence and significant market inefficiency, that necessitate a retracement to key support zones before a new leg higher can be sustained. The overarching strategy is to anticipate this pullback as a high-value accumulation opportunity. Confluence of Bearish Catalysts for the Short-Term Correction: Class A Bearish Divergence: A clear Class A bearish divergence is present between price action and the Stochastic oscillator. While the price has forged higher highs, the oscillator has printed consecutively lower highs. This momentum decay is a classic leading indicator of trend exhaustion and signals an impending shift in order flow from bullish to bearish in the immediate term. Market Structure & Liquidity Voids (Fair Value Gaps): The preceding impulsive leg-up, while aggressive, was inefficient. It left a significant Fair Value Gap (FVG), or a liquidity void, in its wake. According to the Power of Three (PO3) framework (Accumulation, Manipulation, Distribution), the market is now in a consolidation/distribution phase post-expansion. To engineer the liquidity required for the next major mark-up (distribution), a "manipulation" leg downwards is structurally required. This move will serve to mitigate the FVG and sweep sell-side liquidity resting below the recent lows. Projected Price Path & Key Levels of Interest: The Trigger - "Bearish Gate": A definitive break and close below the level marked as the "Bearish Gate" will serve as the primary confirmation for the commencement of this corrective scenario. Corrective Targets: The retracement is expected to navigate towards the Points of Interest (POIs) nested within the FVG, as marked on the chart (Target 1, Target 2, Target 3). Primary POI (Target 3): The ultimate objective for this retracement lies within the $110,000 - $111,000 confluence zone. This area represents a powerful technical, a key Fibonacci extension, and the macro ascending trendline. The Bullish Continuation Scenario: Upon successful mitigation of the FVG and a confirmed bullish reaction from our primary POI, we anticipate the resumption of the primary bullish order flow. This corrective phase will have effectively cleared out weak hands and built the necessary liquidity for a sustained move. The price is then projected to trend upwards within the blue ascending channel, with the ultimate target being the buy-side liquidity resting at the major resistance block located in the $124,000 - $125,000 region. Conclusion: The current setup presents a classic counter-trend opportunity within a macro bullish framework. The confluence of momentum divergence and structural necessity for FVG mitigation provides a high-conviction thesis for a short-term sell-off.