$BTC UPDATE – Weekly & Short-Term View

🔹 Weekly outlook:
Still bullish overall 📈

🔹 H4 perspective:
Possible bull flag forming, but price got rejected, again right at the key daily 50% fib level: $117,600. 🚨

Currently, price remains neutral, ranging within this consolidation area.

Key Points & Levels:
• This could shape into a bearish retest if rejection here remains strong.
• Personal bias: I remain bullish as long as BTC holds above $110,500 (daily close)📈
• Bulls need clear breakouts above $117,600 and $120,500 for real momentum to resume.

Short-term view:
Chances are good for a bearish correction within the current pattern, potential retest of the $115,000-114,500 - 114,000$ support zone (watch for bounces here).

Question for you:
What are your upper targets for BTC in this scenario? 🎯

#BTC #bitcoin