Analyze BTC/USDT (4H)

1. Trendline Resistance

- BTC is still trapped below the descending trendline from the peak ±$124K.

- Currently, the price is testing the trendline around 110,800 – 111,200.

- If the breakout is valid → it could be a short-term reversal signal.

2. MACD Momentum

- The MACD line (blue) has just crossed above the signal line (orange) → early bullish signal.

- The green histogram is rising → buying momentum is starting to come in.

3. Support & Resistance

- Nearest support: 108,500 – 109,000

- Trendline resistance: 111,000 – 111,500

- If it breaks through → the next target is 114,000 – 115,500 (supply zone).

⚡️ Conclusion:

BTC is at a crucial point. If it breaks out at 111K with volume, the chance to reach 114K–117K is quite large. But if rejected, prepare to buy again at 109K–108.5K.

#BTC #USDT