$BTC /USDT 4‑hour analysis

⸻

📌 Current Price

Bitcoin is trading around $107,200 – 107,700, showing a modest 0.2–0.5% uptick in the last 24 hours  .

⸻

🔻 Key Resistance Zone

• Strong seller pressure at $108,500–109,200, noted for repeated rejections in past moves  .

⸻

✅ Support Zones

• Firmer support lies between $105,600–106,500, with notable volume and wicks near $100,000–104,000, including a bull‑flag base and cup‑and‑handle pattern .

⸻

📈 Chart Patterns & Indicators

• A bullish 4‑hour cup/pennant is developing — a potential continuation setup toward $111,000–112,000 on breakout  .

• Some bearish flags and possible trend‑line resistances caution traders to watch for pullbacks ().

⸻

🎯 Trade Outlook

• Bullish Scenario: A 4‑hour close and volume break above $108,500–109,200 may pave the way to $111,000–112,000+ with strong momentum.

• Bearish Scenario: If BTC holds below $108K and drops below $105,600, a pullback toward $101K–103K becomes more likely .

⸻

⏱️ Next Steps

• Watch for a 4‑hour candle close above resistance for bullish confirmation.

• Alternatively, note weakness beneath $105,600–106K — stand clear or consider defensively positioning.