$BTC #BTC

Based on the 4-hour BTC/USDT chart you've shared, here's a quick technical analysis:

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📊 Price Overview

Current Price: 108,746.8 USDT

24h Change: +2.43%

24h High/Low: 109,690.4 / 106,074.2

Recent Swing Low: 105,010.0

Recent Swing High: 109,690.4

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🔍 Key Indicators

Bollinger Bands

Upper Band (Resistance): 109,687.8

Middle Band (20 MA): 107,436.6

Lower Band (Support): 105,185.3

➡️ Price is near the upper band, indicating a possible overbought condition or the start of a strong bullish trend.

MACD

MACD Line: 226.8

Signal Line (DEA): 204.4

➡️ Bullish crossover confirmed with growing green bars — momentum favors the bulls.

RSI (6):

Value: 64.0

➡️ RSI is rising but still under 70 — room for further upside, but nearing overbought.

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🔍 Price Action & Trend

Strong bullish move from the bottom at 105,010, followed by a consolidation around 108,700.

The price is currently above both the 20-period MA and middle Bollinger band, indicating bullish bias in the medium term.

Volume is decent, supporting the up