$BTC
The BTC/USD 4-hour chart provides a cautiously bullish outlook, after a breakout from $105,130 to a swing high near $110,557, then later retracing on heavy selling volume. The price action structure reflects a higher low, but also a short-term high in the emerging consolidation. Key support at $107,800 and $106,300 becomes crucial for swing entries. A confirmed bullish candlestick pattern, such as a hammer or filled candle near $108,000, may provide a positive risk setup, targeting resistance near $110,000. Traders should remain vigilant for bearish divergence on the Relative Strength Index (RSI) or a continued failure to reclaim previous highs. #BTCWhaleMovement
