Hi guy's! What up? 👋
Bitcoin is Following the Plan Here's What's Next (BTC/USDT 4H Analysis)
In my previous analysis, I shared a possible short-term trajectory for Bitcoin and the market is playing out exactly as expected.
As seen on the 4-hour chart, BTC respected the demand zone near $102,000–$103,000 and bounced strongly from that level. This move has now pushed the price back above $105,000, showing signs of short-term strength.
Key Observations:
Support Zone: The lower grey zone between $102,000–$103,000 acted as a strong support where buyers stepped in aggressively.
Resistance Zone: BTC is now approaching a crucial resistance between $106,500–$107,500. This zone needs to be broken for any strong bullish continuation.
Expected Move: There is a chance BTC might consolidate or pull back slightly before making a breakout attempt. If it breaks and sustains above the resistance zone, we could see a sharp rally.
Conclusion: The market structure on the 4H time frame is shifting bullish, but confirmation is key. Until BTC clearly breaks above resistance with strong volume, caution is still advised. Intraday traders should watch for a possible breakout setup, while mid-term holders should track price behavior near the $107,000 level.
Stay patient and let the market come to you. I’ll continue to monitor and update as the setup evolves make sure to follow for timely updates!
