$BTC | #bitcoin #StrategyBTCPurchase

🔹 Chart Structure & Key Patterns

**Symmetrical Triangle / Rising Wedge?**

Some analysts observe a symmetrical triangle on the 4H, with potential bearish bias if it breaks low (~$99,500) .

However, a breakout above ~$108.5 K–$110 K could trigger a bullish run toward $114 K–$117 K .

Micro Wedge Pressure

A rising wedge on 4H hints at breakout or pullback: key resistance at ~$109 K; support zones below at $106 K and $104.5 K .

🔹 Indicators & Sentiment

Volume & Momentum

Volume has surged during smaller breakouts; OBV shows bullish divergence .

RSI/MACD near neutral; bearish crossover on lower timeframes suggests caution .

**Fair Value Gaps (FVGs)**

Upper Daily FVG at ~$105.5 K–$107 K acts as support.

Larger gap at ~$99 K–$103 K could be next fill target if breakdown occurs .

🔹 Key Levels

Immediate Resistance: $108.5K–$110K (triangle/wedge boundary)

Critical Breakout Level: Above $110K → potential rally to $114–118K

Support / Bullish FVG Zone: $105.5K–$107K

Deeper Support: $104.5K → $99K (fills larger FVG)

🔹 Scenarios & Trade Plan

🟢 Bullish Scenario

Entry: 4H candle close above $110 K with volume

Targets:

TP1: $114 K

TP2: $117 K–$118 K

SL: Below $107 K (gap support)

🔴 Bearish Scenario

Trigger: Break & close below $105.5 K support

Targets:

First: $104.5 K

Deeper: fill zone near $99 K

SL: Just above $108 K triangle resistance

🧠 Summary Table

Scenario Trigger Entry Range TP Targets Stop‑Loss

Bullish Breakout Close > $110 K on 4H with volume $110–$111 K $114K, then $117–118 K < $107 K

Range Hold Bounce off $105.5–$107 K $106–$107 K $108.5–110 K < $105 K

Bearish Breakdown Close < $105.5 K on 4H $105–$105.5 K $104.5 K, then ~$99 K > $108 K

✅ Final Take

Bitcoin remains in a critical consolidation phase on the 4‑hour chart. A clear breakout above $110 K could extend the bull run to the $114–118 K zone. Conversely, a breakdown under $105.5 K risks a deeper pullback toward $99–104 K. Watch for decisive candle closes on 4H to validate your direction. Let me know if you'd like a daily or weekly overlay next!