Hey #BinanceFam! Bitcoin is showing strong higherâtimeframe strength, especially on the 4âhour chart. Letâs dive into the structure, catalysts, and trade plansâSquare style! đ
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1. đ 4âŻH Technical Structure
Uptrend intact: BTC consistently respects its ascending 4âŻH trendline since midâJune, bouncing near ~$116Kâ118K âŹïž .
Ichimoku Cloud: Price remains comfortably above the cloud, a bullish indicator supporting continuation .
Resistance ahead: Key hurdles in sightâ$122.5K, $124K, then $137K as noted via Ichimoku and volume structure .
Momentum signs: MACD is positive; RSI around 60 on 4âŻHânot overbought yet .
Volume compression ahead of breakout: Narrowing Bollinger Bands and EMA convergence often signal strong moves near term .
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2. đ Macro & Institutional Catalysts
Crypto Week in DC: Ongoing legislative momentumâGenius Act, CLARITY Actâraising market optimism and fueling institutional demand .
ETF inflows: Record-breaking weekly inflows (~$3.7âŻB last week), with BlackRockâs iShares ETF hitting $83â90âŻB AUM .
Corporate stacking: Strategy (formerly MicroStrategy) adding fresh BTCâ4,225 coins at ~$111âŻK avgâfurther strengthens demand .
Macro tailwinds: Expectation of Fed rate cuts, weaker USD, and increased risk appetite are propelling BTC forward .
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3. đŻ Key Levels & Trade Framework
Setup Entry Zone Targets StopâLoss Zone
4âŻH Breakout Long Clean close above $122.5Kâ124K $125K â $128â130K â $134â137K Below $120K trendline
Trend Bounce Entry Retest near $116â118K support Bounce toward $122.5â124K Below $114K
Swing/Deep Play Pullback into $110â112K range Build into $122â124K Below $108K
Momentum play: Trigger on breakout above $122.5Kâ124K with volume
Bounce play: Buy pullbacks to 4âŻH trendline support
Swing/trend entry: Accumulate deeper but keep stops tight
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4. â ïž Watchpoints & Risk Management
Volatility spike risk: DVOL is risingâcould mean sharp swings, both ways .
Resistance test: $122â124K is currently range highâneeds volume-backed close to confirm .
Macro/regulatory flip: Any setbacks in Crypto Week could spark short-term hesitance.
Institutional rebalancing: Watch for news like Trump's national crypto reserveâcould deepen inflows or trigger volatility .
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5. â SquareâStyle Quick Take
Chart bullish on 4âŻH: trendline holds, Ichimoku support, and momentum available
Catalysts strong: Legislation, ETFs, and corporate stacking are lining up
Plan: Breakout plays above 122.5â124K or retest buys at ~116â118K with tight risk
Targets: 125K â 128â130K â 134â137K
Risk: Keep exposure within 2â3% per trade, trail as price moves
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đ Final Word for the Square Fam
BTCâs 4âŻH bias is still bullish. With trendline integrity and institutional tailwinds shining, look for a breakout above $122.5â124K or clean retests of $116â118K for long entries. Letâs gear up for $130K+ aheadâbut always trade smart, trail stops, and share your thoughts below! đđ