BTCUSD — DAILY BREAKOUT & RETEST SETUPBitcoinCRYPTO:BTCUSDFrankAgboBitcoin is approaching a major structural turning point on the 1D timeframe. After months of trading beneath a descending trendline, BTC has finally produced a strong bullish expansion and is now trading around $77,541. The key question now is whether this breakout can develop into a sustained trend reversal. 📊 THE BIG PICTURE BTC has been respecting a major descending trendline from the previous highs. Price recently pushed strongly through that trendline, breaking a structure that had been suppressing the market for months. Instead of chasing the breakout, the chart suggests a more interesting possibility: Breakout → Pullback → Trendline retest → Bullish continuation The projected retest area is around $67K–$70K, where the previous descending trendline could potentially turn into support. 🎯 BULLISH SCENARIO If BTC pulls back toward the $67K–$70K region and finds strong buying pressure, this could create a higher-timeframe continuation opportunity. From there, the next major objective on the chart is: 🎯 $90,360 A successful reclaim of $90K would be a major confirmation that the larger bearish structure has been broken. 🔑 KEY LEVELS 🟢 $77.5K — Current price 🟢 $67K–$70K — Potential breakout/retest zone 🔴 $90,360 — Major resistance / upside target ⚠️ $64K–$67K — Important structural area to monitor 🚀 THE IDEA I'm watching for: 1️⃣ Breakout of the descending trendline 2️⃣ Pullback into the former resistance 3️⃣ Bullish rejection / higher low 4️⃣ Continuation toward $90K If the retest holds, Bitcoin could be establishing a completely different market structure after the long corrective period. ⚠️ IMPORTANT The bullish scenario is not guaranteed. If BTC loses the breakout area and falls back below the former trendline with strong selling pressure, the breakout could turn into a false breakout. So I would not blindly buy the current move. Let the retest confirm the breakout. 📌 BIAS 🟢 Bullish above the breakout structure Main target: $90,360 The market has already made the breakout. Now we wait to see whether buyers can defend it. Breakout is exciting. Retest is where the opportunity may be. #BTCUSD #BTC #Bitcoin #BitcoinTrading #CryptoTrading #TradingView #TechnicalAnalysis #PriceAction #MarketStructure #BitcoinAnalysis #Breakout #CryptoAnalysis #SwingTrading