🚨 BTC/USDC – 4H Outlook 🚨
Bitcoin faced resistance at the level of $108.5K after a rapid rise to $110.6K 🧱. Currently, the price is trading around $107.5K, below the short-term EMA(7) and EMA(25) 📉 – this is a signal of potential correction.
MACD is still in the negative zone (-404) ⚠️, but there are signs of decreasing bearish pressure. Volumes have increased on the recent green candles – possible accumulation 📊.
📌 Key levels:
🔼 Resistance: $108.5K
🔽 Support: $106K
🔮 In the next 24 hours, we expect consolidation between $106.5K–$108.5K. A breakout above $108.5K could open the way to $110K 🚀, while a drop below $106K could lead to $104.4K 📉.
Watch the volumes and MACD – a reversal signal may appear soon! ⚡️