Bullish Reversal in BTC Followed by Pullback into Reaction ZoneBitcoinCRYPTO:BTCUSDCandleKing09The chart shows a clear bearish move transitioning into a base formation, where price begins to stabilize after a decline. This base acts as an accumulation zone, indicating reduced selling pressure and early signs of buyer interest. Following this, price initiates a strong bullish impulse, breaking short-term structure and confirming a shift in momentum. The move is impulsive in nature, reflecting strong participation and imbalance in the market. After reaching higher levels, price experiences a sharp rejection, indicating the presence of supply. This leads to a pullback phase, where price retraces into a previously formed reaction zone. This zone now acts as a potential support area, where price may find stability after the pullback. Speculative Outlook After the bullish reversal, the current pullback appears to be corrective in nature. If price holds within the marked reaction zone and shows signs of strength, it could lead to continuation of the upward move. A successful hold may push price back toward the recent highs, maintaining the bullish structure. However, if price fails to sustain within this zone and breaks below it, the bullish momentum may weaken, potentially leading to a deeper retracement or re-entry into consolidation. At this stage, the reaction at the current zone is key in determining whether the market continues upward or loses momentum.