📊 $BTC /USDT Analysis (4H Chart)
Current Price: $117,158
24H High: $117,271 | 24H Low: $115,878
Market Insights:
BTC recently bounced from $111,920 support, showing strong buying pressure in that zone.
Price is approaching the short-term resistance near $118,460, which is also close to the recent swing high.
The market is forming higher lows, signaling bullish momentum is building.
4H candles show steady recovery with no strong rejection yet — suggesting bulls are still in control.
Trading Signal:
🔹 Bias: Bullish (Short-term)
🔹 Entry Zone: $116,800 – $117,200 (pullback buying)
🔹 TP1: $118,500
🔹 TP2: $119,800 (previous peak)
🔹 SL: $115,700 (below 4H support)
Trading Plan:
If BTC breaks and closes above $118,500, we could see a quick push toward $120K+.
If price rejects at resistance, watch for a retest of $116K before re-entering.
#BTC #bitcoin #TradingSignals #MarketSentimentToday #ETHBreaks4000