$BTC ๐๐๐ Buy Here
๐ฎ BTC/USDT Price Prediction โ Short Term (4H Chart Analysis)
Current Price: $118,379
Indicators:
EMA(7): $118,038 (yellow)
EMA(25): $118,079 (pink)
EMA(99): $117,308 (purple)
RSI (6): 57.20
MACD: Bullish crossover forming, slight positive divergence
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๐ผ Bullish Scenario
If BTC holds above the EMA(7) and EMA(25) near $118,000, and breaks above $118,800, we could see a push towards:
Target 1: $119,800 (recent high)
Target 2: $120,500โ121,000 (psychological resistance)
Watch for:
Strong bullish candles
Volume increase confirming breakout
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๐ฝ Bearish Scenario
If price fails to hold above $118,000 and breaks below $117,300 (EMA99), downside may resume:
Support 1: $116,200
Support 2: $115,455 (local low)
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๐ Conclusion:
Bias: Neutral to slightly bullish
RSI is above 50 but not overbought
MACD is showing early signs of bullish momentum
Confirmation needed above $118,800 for strong upside move