$BTC
🚀 BTC (Bitcoin) 4-Hour Chart & Next Move
Bitcoin is currently trading in a tight consolidation zone, having oscillated between ~US$ 115,000 and ~US$ 116,200. Recent on-chain data show an inflow/outflow ratio dipping to ~0.9 — a sign that accumulation may be strengthening.
On the 4-hour chart:
Price remains inside an Ichimoku cloud-like neutral zone (momentum flattening) with EMA50 just above EMA200 — still mildly bullish bias.
Key resistance sits at ~$116,200; a decisive break above could trigger a fresh leg up.
Conversely, a rejection here may open a pull-back toward the ~$109,000-$110,000 support range.
🎯 Trade Insight for Spot Traders
Watch the breakout region: if BTC closes above ~$116,200 on the H4 timeframe with volume support → target next zone ~$120,000+. If it fails and drops below ~$109,000 → look for a re-test of demand and possible bounce.
"Manage risk first—not the reward."
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