📈 $BTC 4H – Strong Rebound at Key EMA Level
$BTC has just closed above the EMA 99 (~106K) for the first time since its local failure 🟢
This confirms strength — and the bounce from 104K looks like a V-shaped recovery, not a dead cat bounce.
Most Likely Scenario – Bullish Continuation:
• Holding above 106K opens a direct path to 108.8K, then 110K
• Any new test of 106K or 105.5K could act as an entry support for continuation plays
• Volume is increasing — showing that buyers are returning
Invalidation:
• Losing 105.5K again, especially with a 4H close below the EMA — the setup weakens
• Below 104K = trend turns bearish again
Geopolitical tensions remain an unpredictable variable, but for now, price action > fear.