BTC/USD – Pullback Before Moonshot?Bitcoin / U.S. dollarBITSTAMP:BTCUSDWrightWayInvestments4H Outlook by WrightWayInvestments Bitcoin just delivered a textbook breakout from the descending channel and is currently consolidating above the breakout trendline. This is a critical zone where market participants are deciding between continuation or a retest. 🧠 Technical Breakdown: 🔹 Breakout Confirmation – Clean bullish breakout above channel resistance 🔹 Ascending Trendline Support – Currently being tested 🔹 Fibonacci Reload Zone – Between 0.382–0.618 (🟦 $105,853–$102,942) 🔹 Bullish Scenario – Potential higher low before aiming for major fib extension 🔹 Target Zones: • TP1: $110,525 • TP2: $113,827 🧭 Game Plan: A retracement into the fib support zone ($104K–$102.9K) offers the highest RR for long entries, ideally on bullish candlestick confirmation + volume spike. A break and close above $108.5K could negate pullback expectations and signal direct continuation. 🔔 Final Note: Volume expansion on breakout + controlled retrace = power setup. Let the market come to you — high-probability zones don’t chase.