As of May 15, 2025, #bitcoin (BTC) is trading around $103,956, showing a modest daily gain of approximately 0.94%.

📊 BTC 4-Hour Chart Summary (Binance)

Trend: BTC is exhibiting a bullish consolidation pattern known as "high and tight," indicating potential for continued upward movement.

Support Levels: Key support zones are identified between $100,000 and $102,000.

Resistance Levels: Immediate resistance is observed around $105,000, with a significant supply zone between $106,000 and $108,000.

Technical Indicators: The RSI is approaching overbought territory, suggesting strong buying pressure but also cautioning potential short-term corrections.

Overall, the 4-hour chart indicates a bullish trend with potential for further gains, provided BTC maintains support above $100,000 and breaks through resistance levels with substantial volume.