๐ Bitcoin Breakout Watch โ Bulls in Control?
Bitcoin is showing solid strength on both the 1H and 4H timeframes, signaling a possible breakout ahead! ๐ฅ
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1H Chart: RSI is above 70, indicating strong bullish momentum. The MACD has crossed upwards with widening histogram bars โ momentum is building fast.
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4H Chart: Clean bounce from local support near $104K. MACD just flipped bullish, and RSI is trending up from mid-range. Price is attempting to reclaim the $108K zone.
If holds above $107.8K, it could challenge the $110K resistance soon. But traders should stay alert โ volatility near key zones may trap weak entries.
๐จ Patience and confirmation are key here!
๐ฌ Whatโs your strategy โ riding the trend or waiting for a pullback?