BTC Bullish Quasimodo Forming? Potential Reversal Setup 80k–125k

Bitcoin continues to trade below the macro descending trendline, respecting lower highs since the last major swing high. Price is currently around the 93k area, reacting to a minor resistance + Fibonacci cluster.

🔍 Why a Bullish Quasimodo Is Possible
A Bullish QM (Quasimodo) pattern forms when the market creates:

1. Initial High
   
2. Lower High
   
3. Lower Low (liquidity sweep)
   
4. Higher Low (retest zone)
   
5. Break of Structure to the upside
   

BTC appears to have formed steps 1 and 2, and may be setting up for a deeper sweep to complete the Lower Low around the major demand zone.

🧭 Projected Price Path

• Short-term expectation (bearish liquidity sweep):
  
• Possible rejection from the descending trendline
  
• Decline toward 91,300 → 88k → 86k
  

Final liquidity sweep into ~80k, which aligns with a major demand zone and previous volume imbalance

Mid-term expectation (bullish reversal):

• Strong bounce from the 80k zone
  
• Formation of the Higher Low (QM retest zone)
  
• Break above the descending trendline
  
• Upside targets:
  97,900
  103,200
  108,000
  125,000+ (Fibonacci extension target)
  

🎯 Bias Summary
Short-term: Neutral to bearish (liquidity sweep expected)
Mid-term: Bullish reversal if QM structure completes and price forms a Higher Low

⚠️ Invalidation
A clean daily close below 78,500 invalidates the Bullish QM scenario.