$BTC – 4H Chart Update 🔍
Current Price: $104,245
EMA(99): $106,469
🔻 Post-Rally Pullback In Play
After reaching highs of $110.5K, Bitcoin is undergoing a healthy correction, currently trading below the 99 EMA. This reaction comes after facing strong resistance and macro-driven sentiment shifts.
🌍 Macro Watch
Escalating geopolitical tensions—particularly related to U.S. military involvement—are dampening appetite for risk. As capital rotates cautiously, Bitcoin mirrors broader uncertainty.
📊 Technical Zones to Monitor
🔹 EMA(99) at $106.4K: Key battleground for bulls
🔻 Breakdown? Look for support at $104.3K – $102K
🔼 Recovery Trigger: Reclaiming $108.8K could reignite bullish momentum
🛡️ Macro Bullish Bias holds unless sub-$100K is breached
🕒 Next 6–12 Hours = Crucial
Volume activity near support will guide short-term direction
Global news catalysts may amplify volatility
Risk management = 🔑. Stay alert. Stay adaptive.
💬 What’s your take? Are we prepping for a bounce or headed lower?
#BTC #CryptoAnalysis #BitcoinUpdate
