⚡ $BTC on Edge – High Timeframe Break or Bounce?

Pair: $BTC /USDT

🔍 Introduction:

BTC is currently trading at 116,387 USDT, with a 24h range between 114,825 – 116,411, and volume over 7,950 BTC. It’s hovering near key levels with tight price action. This could be a make-or-break zone before a major move. Price has shown slight strength with +0.43% gain, but still not out of the danger zone.

📈 Trade Setup:

Entry: 115,000 – 116,000

TP1: 117,500

TP2: 119,000

TP3: 121,000

SL: 113,800 (below 4H structure)

📊 Outlook:

BTC is consolidating with increasing volume near local support. If it breaks above 117K, a push to 120K+ is likely. However, a drop below 114.5K could trigger stops. Ideal for short-term scalps with tight risk or spot accumulation for long-term holds.

🔖 Hashtags:

#Bitcoin #BTCUSDT #CryptoAnalysis #PriceAction #ScalpSetup $BTC