$BTC holding steady around $109.5K after bouncing from the $106K zone earlier this week.
The 4H chart shows price trying to stay above the MA(7) (~$109.5K), but it’s still facing pressure from the MA(25) near $111K and the MA(99) around $110.3K, meaning we’re in that critical decision zone ⚖️
🚀 Here’s what to watch next:
🔼 Break above $111.3K → $114K–$116K becomes the next upside range
🔽 Drop below $108K → could see $106K retest
📊 MACD lines are tightening, a bullish crossover here could confirm a short-term momentum shift
Overall it's neutral to mildly bullish 🌤️
#BTC is trying to flip back momentum, but it needs a clean push above $111K to really build strength again.
🎯 My Watch Levels:
Support: $108K / $106K
Resistance: $111K / $114K / $116K
🎯 Short-term target: $112.5K – $114K if momentum holds.
#FOMCMeeting #WriteToEarnUpgrade #bullish