#CryptoTrading. #Signal🚥.

📊Technical Analysis (4-hour chart) $BTC /USD

1. Current Situation

• Price: is near the level of $108,388.

• Upward movement is limited by resistance in the zone of ~$110,500.

• Signal of uncertainty: the price is consolidating near the top, a top formation or an upward breakout is possible.

2. Key Levels

• Resistance: ~$110,500 (top + red dotted line).

• Support 1: ~$104,982 (horizontal blue line).

• Support 2: ~$98,200–$98,400 (bottom zone + red dotted trendline).

3. Technical Formations and Signals

• Green Up Arrow: Probability of a breakout at a breakdown of $110,500.

• Red arrow down: Signal of potential downside reversal if $110,500 is not broken.

• Previous support (highlighted by yellow circle): A strong rebound zone has formed near $102,000–$103,000.

4. BBP indicator (bottom)

• Shows a decrease in positive momentum volume, which may indicate a weakening of the upward movement.

• The previous strong rebound in increasing volume supported the upward movement.

5. Trend lines

• The upward structure is broken, but the latest rebound broke the local downtrend line (green).

• The price has returned to the flat zone, indicating uncertainty.

⚠️Conclusion

• If BTC breaks $110,500, a move to higher targets ($112k+) is possible.

• If the breakout is rejected, a pullback to $104,982 or even to support at ~$98,200 is possible.

• The market is currently balancing between a bullish breakout and a correction.