🔥 $BTC Update – Trend at a Tipping Point? 🔥

The 4H chart of BTC is painting a story of caution mixed with opportunity. After an explosive rise above $112K earlier this month, price has retraced steadily and is now hovering around the $102K zone – a key support level tested multiple times.

📊 Volume shows spikes during dips, suggesting whale accumulation on red candles. The bears are pressing, but the buyers aren’t backing down just yet. 👀

🧠 MACD: The histogram is tightening and momentum is cooling off. The lines are close to a bullish crossover, which could be the spark bulls are waiting for. A confirmed MACD flip here could trigger the next leg up.

💪 RSI: Hovering near 40. This area has historically acted as a springboard during healthy corrections. If RSI bounces here, we could be looking at a reversal brewing beneath the surface.

📈 Moving Averages: BTC is still trading below the 25 MA and 99 MA – a clear signal the bulls need to reclaim territory fast to shift short-term sentiment. A break and hold above $104K would be the first real bullish confirmation.

💡TL;DR: BTC is consolidating after the recent rally, with technicals showing a battle between exhaustion and potential momentum reset. Patience is key. We’re either coiling up for a bounce… or eyeing deeper correction territory.

🚨 Set your alerts above $104K for a bullish flip, and below $100K for possible downside continuation. Scalpers and swing traders, this is your moment to stay sharp.

📢 What do YOU think? Is BTC ready for a comeback or are we heading for a deeper shakeout?