BTC/USD 4H Chart – Bullish Setup Forming Above Support Trendline

This 4H BTC/USD chart presents a bullish setup:

Support Trendline: Price is respecting an ascending support trendline, indicating sustained bullish momentum.
Ichimoku Cloud: Price is trading above the cloud, showing current bullish bias; the cloud also acts as dynamic support.
Buy Setup: A long position is suggested, but confirmation is required—likely a strong bullish candle above the recent structure.

Targets:

1st Target: \~\$112,118
2nd Target: \~\$116,079
Volume: There's moderate volume, but not yet a clear breakout, supporting the “wait for bullish confirmation” note.

If BTC holds above the trendline and breaks the minor resistance around 110,785, the setup could trigger.