$BTC Bullish Momentum on 4-Hour and Daily Timeframes
Bitcoin is currently showing strong bullish momentum on both the 4-hour and daily timeframes. In both views, BTC has successfully broken its previous highs, signaling notable market strength.
Additionally, Bitcoin has respected the key Fibonacci 0.618 retracement level, a zone widely regarded as a strong support area in technical analysis. This combination of breaking previous highs and respecting a critical Fibonacci level suggests the potential for continued upside.
Based on the current trend, BTC could potentially move from $117,000 to $125,000 within the next week, provided bullish momentum holds and no major resistance reversal occurs.
Traders should monitor key levels and price action closely, as the overall bias remains strongly bullish.#MarketTurbulence #BTC #BTC☀ #BTCATH