BTC ForecastBitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PDENIZ_HAN_DEMIRCI# BTCUSDT 4H – Wyckoff Re-Accumulation Scenario Bitcoin is currently trading near a major support region after a sharp markdown phase. The recent selling climax (SC) appears to have attracted significant demand, followed by an automatic rally (AR) and a secondary test (ST), creating the initial structure of a potential Wyckoff re-accumulation pattern. In this scenario, price may continue to build a trading range for several weeks. Volatility inside the range would serve to absorb remaining supply while transferring coins from weak hands to stronger participants. ### Key Levels * **Support Zone:** $56.8K – $59.9K * **Range Midpoint:** ~$63.2K * **Resistance / Monthly Boundary:** $65.3K – $68.5K * **Major Resistance (SOS Target Area):** $69.4K – $72.6K ### Wyckoff Roadmap 1. **Selling Climax (SC)** establishes the lower boundary of the range. 2. **Automatic Rally (AR)** confirms the presence of demand. 3. **Secondary Test (ST)** revisits support with reduced selling pressure. 4. A deeper **STB / Test** phase may occur before the market is ready to advance. 5. Successful testing could lead to an **LPS (Last Point of Support)**. 6. A decisive move into the upper green zone would signal a potential **SOS (Sign of Strength)**. 7. Acceptance above the monthly boundary could open the path toward the $70K–$73K resistance cluster. ### Open Interest Perspective Open Interest has been declining during the recent correction, suggesting that a portion of leveraged positioning has already been flushed from the market. A continued reduction in speculative exposure while price stabilizes would support the accumulation thesis. ### Conclusion The primary objective is not to predict an immediate breakout, but to identify whether Bitcoin is transitioning from markdown to accumulation. As long as the lower support region remains intact, the probability of a larger recovery structure remains valid. A confirmed SOS above resistance would significantly strengthen the bullish case and could mark the beginning of the next expansion phase. **This is a personal market hypothesis based on Wyckoff methodology and should not be considered financial advice.**