$BTC 1Hr Chart – Wave (4) Pullback in Progress, Next Move Toward $115K–$120K?

Bitcoin 💰 has just wrapped up Wave (3) near $110,238, marking a strong impulsive leg. We’re now stepping into Wave (4) — a healthy correction phase before the market potentially gears up for Wave (5).

🔍 Key Fibonacci Retracement Levels (Wave 2 → Wave 3)

0.382 ➜ $107,986

0.5 ➜ $107,200

0.618 ➜ $106,414

This zone between $107.9K–$106.4K is crucial — a golden pocket where bulls might step in hard. 🟩

Wave (5) Target: $115K–$120K

Once this Wave (4) correction plays out, Wave (5) could extend up to the $115K–$120K zone — a strong continuation of the bullish trend 🚀

STRATEGY OUTLOOK

🔹 Be patient — let #BTC dip into the retracement zone.

🔹 A clean bounce sets up an ideal entry for the next impulsive wave.

The dip is not a weakness — it’s an opportunity. Wave (4) is cooling off the rally, and once complete, $BTC could rocket toward $115K–$120K in Wave (5). Stay bullish, stay alert, and secure your entry when the zone hits.