$BTC Bitcoin at a Make-or-Break Zone – 70K or120K Next? 🤯📊*
Bitcoin is sitting at a critical point on the 4H chart, and the next move could be massive! Let’s break it down 👇
📉 *Key Setup:*
• BTC hit 111,980 on May 22, then dropped 6
• Now hovering around107,200–108,000 — a major *support-turned-resistance*
• RSI 42 = neutral/oversold 📉 | MACD = bearish crossover ❗
🔑 *Important Levels:*
•107K–108K → support zone 🛡️
• 110K–112K → resistance cluster 🚧
•100K → major bounce area 🔁
• 70K–74K → downside macro support 🧱
📈 *Trade Scenarios:*
1️⃣ *Rebound Play* 💪
• Entry:108K
• Targets: 110K →112K+
• SL: Below 107K
2️⃣ *Breakout Rally* 🚀
• Entry: After clean close above112K
• Targets: 120K →125K–130K
• SL: Below 112K
3️⃣ *Breakdown Risk* ⚠️
• Entry: On break below107K
• Target: 100K →74K (if panic sets in)
• SL: Above $107K
🧠 *Smart Tips from Binance Square:*
✔️ Plan your trades
✔️ Wait for volume confirmation
✔️ Manage risk = protect capital
The next few candles will tell us everything. Watch closely! 👀📉📈