๐จ BTC Trading Outlook (H4):
Bitcoin is currently trading in a tight range, and the next move will depend on a breakout.
๐ If BTC closes above 118,000 on the 4H chart with RSI above 50 and a bullish MACD signal โ this could trigger a long setup targeting 120,000 and potentially 124,000, with stop loss below 116,000.
๐ On the other hand, if BTC closes below 115,000 with RSI under 40 and a bearish MACD crossover โ short positions become valid, targeting 112,000 and 110,000, while keeping a stop loss above 116,500.
Stay alert โ the 115k and 118k zones are the key levels that will shape Bitcoinโs next trend.