$BTC

🚀 #BTC 4H Market Update

Bitcoin (BTC/USDT) is currently trading near $117,500 on Binance, after a volatile 24h session where the price tested both the $118,500 resistance and the $115,000 support zone. On the 4-hour chart, BTC is showing signs of consolidation, with candles forming around the mid-range of the recent swing.

The RSI is stabilizing around the neutral zone, suggesting neither extreme buying nor selling pressure. Meanwhile, the 50 EMA on the 4H chart is acting as short-term resistance, while the 200 EMA remains strong support near the $114,500 region.

If bulls can push the price above $118,800, the next target lies around $120,000 psychological level. However, a breakdown below $115,000 may trigger a retest of the $112,500–$113,000 zone.

Traders should watch the upcoming 4H close carefully, as it will likely set the tone for the next short-term move.

⚡ Stay alert, trade safe, and follow risk management!

#CryptoTrading #BTCUpdate #Binance

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