#BitcoinBreakout #BTCAnalysis #CryptoMomentum

๐Ÿš€ Bitcoin spikes to $108,779 with +3% gain โ€” reclaiming bullish momentum after the recent correction!

๐Ÿ“Š 4H Chart Breakdown:

- Parabolic SAR flipped bullish โ€” dots now below price

- MACD shows bullish crossover: MACD line at +419.61 vs DEA at -180.46

- Stochastic RSI overheated at 97.42, indicating strong momentum but potential short-term exhaustion

- RSI(6) at 85.95 โ€” extreme overbought territory!

๐Ÿง  What This Means:

Bitcoin has bounced from the $104.3K support level with strong volume. The parabolic SAR and MACD confirm the trend reversal. However, RSI is screaming "caution" ๐Ÿšจ โ€” a minor pullback might follow before continuation.

๐Ÿ“Œ Next Key Levels:

- ๐Ÿ“ˆ Resistance: $110.5K and $111K

- ๐Ÿ“‰ Support: $106.5K and $104.3K

๐Ÿ”ฅ If BTC closes above $110K in the next 4H candle, we may be entering a new local rally.

๐Ÿ—ฃ๏ธ Whatโ€™s your BTC strategy right now? Long or short?