Bullish Reversal Setup on BTCUSD

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Bullish Reversal Setup on BTCUSDBitcoin / U.S. dollarBITSTAMP:BTCUSDDenver_TraderThe market has formed an accumulation floor after sweeping major sell-side liquidity at the recent swing lows. Following a strong upward displacement, we are tracking two highly probable scenarios to target the overhead low resistance liquidity. Scenario One: Price maintains its current bullish momentum for a direct breakout. It will clear the immediate internal highs, flip the intermediate Point of Interest into valid structural support, and expand straight toward the upper inducement level. Scenario Two: Price undergoes a corrective retracement before expanding. It will pull back into the blue Breaker Block or the 0.5 discount level to mitigate the underlying imbalance before initiating the main upward leg. Note: Trading is risky; always follow your own trading plan.