$BTC

📊 #BTC 4H Chart Update | $118,687 📊

Bitcoin is currently consolidating just below key resistance near $119,200, trading at $118,687 on Binance. The 4-hour chart shows a tightening range — a breakout is brewing. ⚡

🔍 Key Levels:

Support: $117,400

Resistance: $119,200, then $120,000

Trend: Neutral-to-Bullish

🧭 Technical Indicators:

RSI holding around 52 – no overbought signals

Price holding above 50 EMA

MACD shows slight bullish divergence forming

📌 If BTC breaks above $119.2K, expect a quick push toward $120.5K.

📉 If it breaks below $117.4K, watch for a dip to $115.8K–$116K range.

🎯 Strategy: Wait for breakout confirmation. This squeeze won’t last long.

#Bitcoin #BTCUpdate #CryptoTA #Binance #BTC4H #CryptoNews

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