BTC/USDT 4H Chart Update –
After a strong rejection from the $110K+ zone, Bitcoin is now retesting a critical trendline support on the 4-hour chart.
Key Highlights:
Price dropped sharply to $103K, almost tagging the key ascending support zone.
The previous breakout from the descending trendline is now being retested, which is a classic bullish retest pattern.
If bulls defend this region successfully, expect a potential bounce towards $108K–$ 114 K.
However, a clean breakdown below $102K would shift short-term momentum bearish.
Eyes on this zone. High-probability decision area.
Watch for reaction candles and volume spikes to confirm the next move.
Thanks for your support!
DYOR. NFA
After a strong rejection from the $110K+ zone, Bitcoin is now retesting a critical trendline support on the 4-hour chart.
Key Highlights:
Price dropped sharply to $103K, almost tagging the key ascending support zone.
The previous breakout from the descending trendline is now being retested, which is a classic bullish retest pattern.
If bulls defend this region successfully, expect a potential bounce towards $108K–$ 114 K.
However, a clean breakdown below $102K would shift short-term momentum bearish.
Eyes on this zone. High-probability decision area.
Watch for reaction candles and volume spikes to confirm the next move.
Thanks for your support!
DYOR. NFA
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