🚨 $BTC Update

We saw a Sweep + SFP near the $123K highs with clear bearish divergence on the 4H chart

➡️ Triggered a strong downside move.

The rising wedge broke post-PPI around $120.5K.

Now forming lower highs & lower lows – bulls must hold the green support box for any upside ✅

On LTF, bullish divergence now + 4hr EMA200 Coming in around 116500 which suggests a bounce to $119.5K possible if 4H EMA9 ($117.8K) is reclaimed.

But weekend = low volume + choppy PA after big liquidations causing sideways action.

Key zones:

📈 Upside test: $119.5K–$121.6K

🔻 Rejection signs at that level = short setup

📉 Daily close < $117.8K on Monday NY session = eyes on $113k or more lower.