🎯 BITCOIN ANALYSIS (BTC/USDT – 4H CHART)
📈 Strong support – Is a breakout signal coming soon?
The chart image shows that BTC/USDT is touching the lower support line of the falling channel pattern – a pattern that often indicates accumulation before a breakout.
🔍 Highlights:
• BTC has tested the lower support of the descending channel 3 consecutive times and held firm, showing that the bulls are gradually taking control.
• The slight bounce from the most recent low suggests the possibility of forming a higher low – a positive signal for the short-term trend.
• The green upward arrow in the chart indicates the expectation that BTC will continue to rise towards the upper resistance line – the immediate target is the $117,000+ range.
🚀 Optimistic scenario:
If BTC breaks out of this descending channel with a strong breakout accompanied by high trading volume, the $117K+ mark will become a realistic target in the near future.
⚠️ Risk note:
If BTC cannot maintain this support area, the price may drop significantly to lower support levels in the short term.
✅ SUMMARY:
#BTC is facing a significant opportunity to break out of the correction trend and enter a new rally. If the bulls truly take control, an increase to $117K+ is entirely feasible in the upcoming time frames.#BTC