📊 BTC/USDT Analysis 4H — Formation of an expanding triangle
🧩 The chart shows the figure "expanding triangle", where the price demonstrates increased volatility with pronounced bounces up and down. This behavior indicates liquidity accumulation before a powerful impulse.
📌 Key levels:
🔵 Support: 98,908 USDT — the zone where the price has repeatedly found demand.
🔵 Resistance: 110,715 – 111,826 USDT — the zone from where sell-offs previously began.
⚪️ Local level: 105,282 USDT — the current price and intermediate balance of buyers and sellers.
📈 Potential scenario:
After bouncing off the lower boundary of the triangle and forming a double touch (1.21), an upward movement is expected with a growth potential of ~9.1% to the area of 117,000 USDT.
However, before this, another pullback to the zone of 98,900 – 100,000 USDT is possible, from where the final surge will occur.
🧠 MACD shows the current phase of slowing down, but when the lines cross again from bottom to top, a bullish reversal signal will appear.
🚀 Conclusion:
BTC is preparing a structure for an upward breakout. If the price holds the lower boundary of the channel, a rise to the zone of 117,000 USDT will become the priority scenario.
⚠️ Breaching support at $98,900 — a trigger for revising long expectations.
🧭 Strategy:
📥 Adding in the zone of $99–100k
🎯 Targets: $110k / $117k
🛡 Stop: Below $98k
🧠 Watch the volumes and confirmation from MACD!