$BTC
š BTC/USDT ā 4H Chart Signals Key Battle Zone Ahead! āļø
Bitcoin is currently trading around $118,600, consolidating within a tight range on the 4H timeframe. Price action is squeezing between a strong support zone at $116,800 and resistance near $120,500.
š The formation resembles a bullish flag, but volume remains low ā indicating a potential breakout move is brewing. A clean break above $120,500 may trigger rapid upside towards $123,000.
š» However, if BTC loses the $116,800 support, a deeper correction toward $114,000 canāt be ruled out.
š RSI is neutral, while MACD shows slight bullish divergence ā traders should wait for confirmation.
šØ Eyes on the 4H close ā volatility expected!
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