📊Bitcoin Technical Update – 4H Timeframe
Bitcoin is currently showing signs of selling pressure from the key supply zone at $122,800.
If the bearish momentum continues, here are the next technical levels to watch:
🔻 Immediate Support: $119,900
📉 Demand Zone: $116,000
🔻 Secondary Support: $115,300
Price action confirmation in these areas will be crucial for the next directional move. Short-term traders should monitor volume and candlestick structure around these levels for potential reversals or continuation setups.
⚠️ This is not financial advice. Always do your own research.
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