BTC/USD BullishBitcoin / U.S. dollarBITSTAMP:BTCUSDMarketStrategysignals📊🚀 BTC/USD Bullish Channel Near Key Resistance This 4H chart of Bitcoin shows a clear transition from accumulation to bullish expansion, followed by a reaction at a major resistance zone. Here’s a professional breakdown: 🧠 Market Structure Overview Accumulation Phase (Range) 📦 Price consolidated in a tight range near the lows (~65K–67K), indicating smart money accumulation. Bullish Breakout & Trend 📈 A strong breakout led to a clean ascending channel, confirming higher highs and higher lows — classic bullish structure. Momentum Shift at Resistance ⚠️ Price reached a strong supply zone (~78K–79K) and showed rejection, signaling temporary exhaustion. 📉 Current Price Action Price is pulling back within the bullish channel. The reaction suggests a healthy correction, not a full reversal (yet). Structure still remains bullish unless the channel breaks. 🔍 Key Levels to Watch Resistance (Supply Zone) 🟥: 78K – 79K Support (Channel + Structure) 🟩: 74K – 75K Major Demand Zone 🟦: Around 65K 🎯 Potential Scenarios Bullish Continuation ✅ If price respects channel support and forms a higher low → Expect continuation toward TP at resistance (78K–79K). Deeper Pullback ❗ If channel support breaks → Price may revisit lower support zones (~72K or below). 🧠 Conclusion The market remains bullish overall, but currently in a correction phase after hitting strong resistance. Watching the reaction at channel support is key for the next move.