*โก Bitcoin at a Make-or-Break Zone โ 70K or120K Next? ๐คฏ๐*
Bitcoin is sitting at a critical point on the 4H chart, and the next move could be massive! Letโs break it down ๐
๐ *Key Setup:*
โข BTC hit 111,980 on May 22, then dropped 6
โข Now hovering around107,200โ108,000 โ a major *support-turned-resistance*
โข RSI 42 = neutral/oversold ๐ | MACD = bearish crossover โ
๐ *Important Levels:*
โข107Kโ108K โ support zone ๐ก๏ธ
โข 110Kโ112K โ resistance cluster ๐ง
โข100K โ major bounce area ๐
โข 70Kโ74K โ downside macro support ๐งฑ
๐ *Trade Scenarios:*
1๏ธโฃ *Rebound Play* ๐ช
โข Entry:108K
โข Targets: 110K โ112K+
โข SL: Below 107K
2๏ธโฃ *Breakout Rally* ๐
โข Entry: After clean close above112K
โข Targets: 120K โ125Kโ130K
โข SL: Below 112K
3๏ธโฃ *Breakdown Risk* โ ๏ธ
โข Entry: On break below107K
โข Target: 100K โ74K (if panic sets in)
โข SL: Above $107K
๐ง *Smart Tips from Binance Square:*
โ๏ธ Plan your trades
โ๏ธ Wait for volume confirmation
โ๏ธ Manage risk = protect capital
The next few candles will tell us everything. Watch closely! ๐๐๐
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