🚀 BTC 4H Chart Breakdown - Major Reversal Incoming?
🔸 Key Levels & Structure:
Support Zone: $100K - $101K (Held Strong) Resistance Levels: $103.5K - $107K - $110K Fake Breakdown: The price dropped below the support but then was purchased. Is Bear Trap Confirmed? The long wick plus large volume suggests the possibility of accumulating money smartly.
🔸 Volume & Price Action:
Big Buy Volume spike (Red Arrows) A strong reaction at the support. Breakout Structure Formation? Higher lows indicate strength. Previous Highs at $107K-$110K Could Get Tested Soon.
🔸 Bearish Case?
If BTC cannot hold the $102K, a second test of $ 97 K to $ 98 K would be possible. A low bounce volume is a catch (Watch for a weak follow-through).
🎯 What's Next?
Brewed below $103.5K? Bulls target $107K-$110K. A rejection at $103K? Bears might push back to $100K. Be prepared for the high volatility!
🔥 Final Thoughts: The market is at a juncture. Breakout or Fakeout? Let us know your ideas in the comment section!
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