🚨 Bitcoin Price Update – Relief Bounce or Just a Pause🤔👇

Current Price: $100,854

Change: -1.72% (24H)

🕒 Chart Frames: 1H & 4H

📉 4H Timeframe Analysis:📊

Price Action: Sharp dip to $98,200 followed by a relief bounce to current $100.8k level.

EMA Resistance: Facing pressure from 20 EMA ($102.4k) and 50 EMA ($104.4k).

RSI: 38.7 – Still weak, below midline.

MACD: Bearish momentum fading, but no crossover yet. Histogram shows reduced selling.

📊 1H Timeframe Analysis:

Strong bounce from sub-$98.5k zone showing local bottoming.

$BTC Price is stuck between EMA20 ($100.8k support) and EMA50 ($102.1k resistance).

MACD crossover: Bullish divergence seen, early signal for short-term upside.

RSI (47.5): Neutral, yet climbing.

🎯 Strategy & Trade Setup:

📌 Scalp Buy Setup (Short-Term Recovery Play):

Entry Zone: $100,400 – $100,800✅

Target 1: $102,000🎯

Target 2: $104,000🎯

Stop-Loss: Below $98,800☣️

Duration: 6–12 hours

Risk Level: Moderate

🧱 Major Resistance Zones:

$102.4k → 20 EMA 4H

$104.5k → 50 EMA 4H

$106.5k → Breakdown base

🔻 Caution:

If $BTC closes below $98,200 again, prepare for downside continuation toward $95k range.

💬 “Reversals don’t happen in a single candle. Watch volume and structure – not just price.”

📛 This post is for educational purposes only. Do your own research before making investment decisions.

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