BTC 4-Hour Analysis Summary

Current Price: ~$101,700

Trend: Neutral to mildly bullish

Short-Term Range: $100,000 – $106,000

Major Resistance: $106,000

Major Support: $100,000 and $98,000

Key Technical Insights:

✅ Structure: BTC is forming higher lows, indicating a slow accumulation phase.

🔼 Bullish Trigger: A breakout above $106K with volume could lead to a move toward $110K–$112K.

🔽 Bearish Risk: A breakdown below $100K might open the path to $98K or lower.

📉 Indicators:

RSI ~55: Neutral to slightly bullish

MACD: Bearish crossover, showing selling pressure

SMA: Short-term SMA trending below long-term = early bearish sign

✅ Conclusion:

$BTC is consolidating between key levels with no strong breakout yet. Traders should watch the $106K resistance closely — a breakout confirms bullish continuation. Until then, range trading between $100K–$106K is most likely.