Your Message (translated): "If the 4-hour candle confirms above 103500, then BTC can easily go up to 106000."
My Response (translated): Yes, if the 4-hour candle closes and confirms above 103500 (with a strong close), it would be a bullish breakout signal for BTC. In that case, a move toward 106000 is possible because:
103500 is a potential resistance level, and if it breaks:
The market could gain short-term bullish momentum.
106000 would be the logical next resistance/target — especially if there’s no strong supply zone or major resistance in between.
However, it's also important to check:
Whether the breakout is supported by strong volume
If the RSI isn’t in the overbought zone
Whether the lower timeframes (like 15 min or 1 hour) support the price action #SaylorBTCPurchase #CryptoRoundTableRemarks #TradeLessons
0 people tipped the creator.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.