Bitcoin $BTC 6H ANALYSIS
$BTC 💰 Short term expected move 👀
Targets: $125,000 and $128,000 🎯
Pattern: Possible double-bottom or “W” reversal forming.
#Bitcoin is currently facing the upper border of the broadening wedge pattern on the 6H chart. Price has reached the target zone near $122,300 where sellers are starting to show resistance.
A breakout above this critical area could target $125,000 and $128,000, but watch for a potential pullback from current levels.q
#BTC #BTCReclaims120K #BinanceAlphaAlert #ETH4500Next? #analysis $BTC
• Support Zone: $118,000 – $117,572 (key demand area).
• Invalidation: Break below $117,572 would likely shift bias bearish.
• Bullish Target: If support holds, potential bounce toward $120,000 → $128,000.
• Bias: Bullish as long as price stays above $118K, with upward momentum confirmation expected after breaking ~$119,500.