$BTC

*๐Ÿ“Š BTC 4H Chart Update โ€“ Key Trendline in Focus!*

Bitcoin is currently hovering just above a major ascending trendline that has been respected since April โ€” acting as strong dynamic support across multiple months.

๐Ÿ” Chart Insights:

Price is approaching the trendline support after a healthy pullback from local highs.

As long as BTC holds this trendline ($113,000โ€“$113,500 zone), the bullish structure remains intact.

A bounce here could trigger a move back toward $117,000โ€“$120,000 levels.

But a confirmed breakdown below the trendline (especially below $113K) may lead to further downside toward $110,000โ€“$108,000.

โš ๏ธ Scenarios to Watch:

๐ŸŸข Bounce from trendline = long setup toward 117K+

๐Ÿ”ด Break & retest below trendline = short setup to 110K zone

๐Ÿ“‰ Volume confirmation + candle close is key

โœ… Structure: Still bullish

๐Ÿ“ Decision zone: Right here, right now!