$BTC

The BTC/USDT 4‑hour (H4) chart is lighting up with a buy setup—perfect for both swing traders and HODLers. Let’s dive in and explore what's driving this move in a Square‑style, fun, and informative way! 😄

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🔍 Chart Setup: H4 Breakout in Progress

Bullish flag breakout: On the H4 timeframe, Bitcoin has broken above a descending channel (or flag), now testing the breakout zone. A decisive H4 candle close above that trendline would confirm continuation momentum .

Momentum still on the up: Indicators like Stochastic‑RSI are rebounding from oversold and haven’t hit overbought—plenty of ammo left for upside .

Volume validation: Look for rising volume on the breakout—classic confirmation you want to see in action.

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🎯 Key Levels at a Glance

Zone Level (USDT) Strategy Insight

Entry Above the H4 trendline ~$117 500–118 000 Wait for candle close or buy the retest if breakout holds

Support / SL ~$117 000 (past high) or ~$116 000 (EMA70) Tight stop—right below recent structure to protect capital

Targets **$120 000**, then $122–124 000, ultimately **$134–136 000+** Based on bull‑flag extension and ATH‑extension ideas

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📈 Macro & Technical Tailwinds

1. New all‑time highs (ATHs) – BTC broke $118K this week, triggering short squeezes and +26% YTD gains .

2. Cup‑and‑handle pattern – According to Katie Stockton, this pattern and MACD support suggest another +14% potential to ~$134.5K .

3. Flag continuation target – Bull‑flag extension calculations point to $136K zone .

4. Institutional flows & ETF inflows – Over $1 billion in shorts liquidated and ~$1.18 billion into ETFs just this week .

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🛠️ Trade Plan: H4 Breakout Play

1. Trigger: Enter on a clean H4 candle close above $118K–118.5K.

2. Stop‑loss: Just below breakout (~$117K–116K) to guard against false breaks.

3. Partial profit-taking:

TP1: $120 000

TP2: $122 000–124 000

Extended: Let profits ride toward $134K–136K+, using trailing stops.

4. Risk control: Limit position risk to 3–5% of capital. Adjust as momentum proves valid.

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🧠 Why This Trade Makes Sense

Structure + Momentum = setup: Breaking the H4 flag backed by favorable indicators and volume strategy.

Short squeeze fuel: With many leveraged bets stacked, continuation could trigger cascade that drives price higher.

Bullish macro synergy: Institutional flows, ETF strength, and positive market macro (Fed easing hopes, equities momentum) all align .

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📌 Watch These Next

Weekly candle hold above ATH – A sustained close solidifies higher timeframe strength .

Volume on daily/4H – Must confirm breakout; no volume = weak move.

Macro drivers – Whispers around Fed decisions, equities, and crypto‑friendly legislation.

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✅ Final Square Take

The H4 chart is flashing a bullish breakout alert. With a validated candle close and volume, Bitcoin is primed to push toward $120K–$124K, potentially riding the wave to $134K–136K+. Just stay smart: use your stops, manage position size, and let the structure guide you. Ready to ride?

Drop a 🚀 if you're jumping into BTC’s H4 breakout—or a 🧊 if you're waiting for the next retest. Let's grow together, Square fam! 🙌

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