$BTC 4H Chart Breakdown – Is This the Calm Before Another Leg Up?
Bitcoin is flexing hard after reclaiming $100K — but as it chills near $109,644, the market's asking:
Is this a setup… or the start of exhaustion?
Let’s decode the 4-hour action 👇
📊 Price Action Recap
Current Price: $109,644
Range: $105,426 (low) → $110,290 (high)
Momentum: Bullish — clean bounce from $100K base
All key EMAs (7/25/99) stacked in bull alignment.
MACD? Still pushing green.
RSI? 🚨 Over 90 — the engine’s hot.
🧭 Trade Setup Zone
✅ Primary Entry (pullback play): $108,000–$109,000
→ Aligns with EMA zones & prior support
✅ Momentum Entry: Break & close above $110,500
→ Clean skies toward next resistances
🛑 Stop-Loss: $107,000
→ Protects against trend reversal
🎯 Targets:
TP1: $111,500
TP2: $112,500
TP3: $114,000
⚠️ Things to Watch
RSI is screaming overbought → expect some chop
Volume is holding… but any drop = breakout fakeout risk
EMA clusters = good bounce zones — but not bulletproof
🧠 TL;DR
$BTC still looks technically strong, but short-term heat suggests patience might pay.
No need to FOMO — pullback = gift, breakout = volume-confirmed chase