From the 4-hour chart, the overall pattern of Bitcoin is in a consolidation phase, with short-term bullish strength followed by a pullback. The smaller time frame still shows relative strength, but with many upper shadows above, the short-term upward momentum lacks breakthrough potential. For today, treat it with caution around the high.
Refer to the range around 120500-121000, and consider the area around 119000-118000.
Refer to the range around 120500-121000, and consider the area around 119000-118000.
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BTC
121,608.35
+1.83%