BUY BTCUSDBitcoin / U.S. dollarBITSTAMP:BTCUSDGoldKillerEABTCUSD – Long Swing Setup with Retest of the Major Bullish Trendline Bitcoin is still trading above its long-term bullish trendline (blue), which has supported the market throughout several cycles. Following a correction from the $100k+ region, price is now returning to test a key confluence area: Horizontal support: $44,000 – $46,000 Long-term ascending trendline Former consolidation zone now acting as support This region represents a significant demand zone where buyers could regain control. Preferred Scenario I anticipate one final phase of weakness that could drive price into the $35,000 – $40,000 area, which aligns with: A retest of the long-term bullish trendline A major liquidity zone Historical technical support A strong reaction from this area could trigger the next bullish impulse. Targets TP1: $103,000 TP2: $105,000 TP3: $153,000 These levels correspond to the next major resistance zones and potential extensions of the current bullish market structure. Invalidation A weekly close below $30,000 would invalidate this bullish scenario and increase the probability of a deeper correction. Risk Management Ideal entry: $35k – $45k Stop loss: Below $30k Estimated Risk/Reward ratio: Greater than 4:1 Conclusion As long as the market structure remains above the long-term trendline, pullbacks into major support zones can be viewed as accumulation opportunities, with the potential continuation of the bullish cycle toward $100k+ and eventually $150k+. Feel free to contact me if you would like to learn more about technical chart analysis and algorithmic trading automation. Disclaimer: This is not financial advice. Always wait for price confirmation before entering a position and manage your risk accordingly.