BTC Bullish Reversal Setup

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BTC Bullish Reversal SetupBitcoin / US DollarCOINBASE:BTCUSDShaaanFxDescription: This 4-hour Bitcoin (BTC/USD) chart highlights a potential recovery setup after a prolonged downtrend. Price has declined sharply from higher levels and is currently trading near a marked strong support zone around the 59,500–60,500 area. The support region has attracted buying interest, suggesting the possibility of a bullish bounce. The projected scenario shows Bitcoin retesting the support zone before advancing toward key resistance targets at approximately 64,748, 67,462, and 69,438. A successful break above these resistance levels could confirm a bullish breakout and open the path toward the 70,000–72,000 range. The chart emphasizes the importance of the current support area as the foundation for a potential trend reversal. Not financial advice