The Relief Trap ($66k–$70k): A short-term reflex bounce to the $66,000–$70,000 area makes perfect sense to retest the broken daily channel and the heavy volume Point of Control (POC) at $64,599.6, setting up a massive lower-high trap.
The Capitulation Target ($45k–$50k): Once the bounce exhausts itself, the chart is clear to target the $50,000 orange support line, which aligns perfectly with the major historical accumulation floor from 2024.
The Strategic Long ($50k–$40k): Deploying a disciplined DCA approach across this multi-year $50,000–$40,000 weekly support block protects you against wick flushes and secures an institutional entry for the next macro expansion.
The Invalidations & Targets: The final macro long strategy between $50,000 and $40,000 remains perfectly intact with your hard validation floor strictly set at $32,000 invalidation.
The Macro Expansion ($130k–$160k): If the weekly support block successfully absorbs the capitulation leg, this generational accumulation zone unlocks the primary pathway for the next major cycle expansion, targeting an ultimate macro take-profit zone between $130,000 and $160,000.
BTC (4H) 81k First then 77,800. Invalidation at 84,900