$BTC

🕒 #BTC4HChart Update

Chart Snapshot (4‑Hour Time Frame):

Bollinger Bands have contracted—signaling a volatility squeeze that often precedes a big move .

Formations noted:

Ascending triangle with breakout level near $109,900; breakout could target **$111,600+** .

Symmetric triangle also flagged—break above $109,350 could propel BTC toward $112,900 and beyond .

Key Levels:

Resistance: ~$109,900–110,000.—crucial 4H breakout zone .

Support:

First zone: $107,700–107,800, then $106,985 .

Lower demand tiers: $105,600 and $103,000–104,000 for deeper pullbacks .

Momentum Indicators:

4‑hour RSI around ~51–53, neutral and cooling—waiting for fresh signal .

MACD is showing mild bearish crossover —not yet decisive .

Trade Flow Snapshot:

On TradingView, a common swing‑style plan is to buy a pullback into the $112k–114k zone (former resistance now likely to flip to support) with targets near $122k and stops below ~$108k .

Summary & Strategy

Scenario Action

Bullish Breakout above $110k Opens path to $112k–115k and possibly retests fresh highs

Range-bound / Rejection Watch bounce at $107.7k–107.8k; break below exposes $106.9k, then $105.6k

Volatility Squeeze Expect a strong directional move soon—stay alert for signal candle after the squeeze

#BTC4HChart Takeaway:

Bitcoin is tightening into a setup with clear upper ($107.7k) 4H boundaries. A breakout or breakdown could trigger the next major move—patience during this squeeze is key.

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