BTC 4H – Bullish Structure Holding-Range Breakout May Trigger...

7月22日

BTC has followed a classic bullish roadmap: accumulation, rounded base, breakout, retest, and now range consolidation above key support. Current structure remains bullish as long as price holds above the mid-support zone.

Description (with EMA + Indicator Logic):
BTC remains in a strong bullish structure on the 4H timeframe. Price is holding above key EMAs (20/50), and the 200 EMA is sloping upward, confirming long-term bullish momentum. A healthy pullback followed the breakout, and the current sideways range is forming above EMA support.

Smart Bullish Target Recommendations:
Target 1: 119,500 – previous high / local resistance
Target 2: 121,800 – measured move of breakout range
Target 3 (Extended): 124,000 – round number + upper trend line touch
Invalidation idea: Break below 116,000 structure support could shift bias short-term.
Educational purposes only – not financial advice.
https://www.tradingview.com/x/Oywove5r/

7月22日

交易進行

Update: BTC is still holding above the key support zone and EMAs on the 4H chart. Consolidation continues within the range, showing signs of absorption. A breakout above the yellow box remains the trigger for the next bullish leg toward 119.5K+. Structure remains bullish unless price breaks below 116.2K.

📊 Monitoring closely for breakout confirmation.

7月23日

註釋

Update Note – Close to Target 1 🎯

> Update: BTC reached a high of ~118,800, coming very close to Target 1 (119,500) before pulling back into the current consolidation range. While not a full hit, this proximity often signals that smart money has partially taken profits at key zones just below obvious resistance levels.

💡 Technical Insight:
Price often reacts just before major round levels or resistance zones – this is typical behavior as algorithms and larger traders front-run expected profit areas.
The rejection from ~118.8K aligns with previous resistance and volume profile nodes, indicating short-term supply.
Bullish structure remains valid as long as the price holds above 116.2K and key EMAs (20/50 on 4H).

7月23日

交易結束：目標達成

Bitcoin (BTC) reached a high of $120,256 last night, successfully hitting and slightly surpassing the first projected target of $119,500. This move confirms the strength of the bullish breakout from the recent consolidation range and aligns with the ongoing bullish structure supported by the 20/50/200 EMA alignment. The breakout level previously highlighted acted as support during the retest phase, leading to a clean continuation toward Target 1. With this level now reached, attention shifts to the next upside objectives: $121,800 as the measured move of the prior range, and $124,000 as an extended target near a psychological resistance area. As long as BTC holds above the $118,000 support zone, the bullish bias remains intact. This update is shared for educational purposes only and does not constitute financial advice.