📊 BTC/USDC Analysis – 4H Timeframe

Bitcoin bounces back strongly after hitting a low of 100,410 USDC, pushing above short-term moving averages. The current price (106,032) is testing the 99-period MA resistance at 106,382.

Volume is rising and technical signals are positive, but the KDJ indicator shows overbought conditions, suggesting a possible short-term consolidation.

Watch for a solid close above 106,400 to confirm further bullish momentum.

Key support: 104,600

Resistance: 106,886 $BTC