📊 $BTC is Back! Bullish Reversal from $108,462!

Bitcoin just V-shaped back! After falling all the way down to $102,664, $BTC has recovered strongly and is currently trading at $108,462 (+3.67%). The 4H chart is showing a breakout structure with MA(7) slicing MA(25) — which is a textbook sign for short-term bullish momentum.

Volume has significantly increased and the bid-ask is heavily favoring buyers (66% bid dominance). Over the last 90 days, BTC is +33.13% in value, and on the yearly chart, up a staggering +62.91% name ID valued!

Resistance back near $110,000 is the level to watch - if bulls break the resistance, momentum could likely run very quickly.

Is the start of a new wave?

📉 Low: $102,664

📈 High: $108,888

📆 Vol (24h): $1.46B+

🟢 Sentiment: Bullish Reversal