BTCUSD Bullish Setup (30M)Bitcoin / U.S. dollarBITSTAMP:BTCUSDVisionaryInsightsPrice remains in a clear short-term downtrend after a strong impulsive breakdown, but is now showing early signs of stabilization near the lower range. Selling pressure is starting to weaken as price compresses at discounted levels. 🔺 Bullish Confluences Reaction from lower band suggesting demand stepping in Gradual slowdown in bearish momentum after extended move down Tight consolidation forming at the lows (potential accumulation) Price holding above recent intraday support zone Oversold conditions increasing probability of a relief bounce If this base holds, a corrective move to the upside becomes likely as price rebalances. 📈 Fibonacci Targets (Upside Projection) 100% = 71,667 127.2% = 72,100 161.8% = 72,900 A break above minor structure could trigger a push toward the 71.6K level, with further upside if momentum shifts in favor of buyers.