😱More pump coming to $BTC ??😱
4hr time frame analysis 🔎
📊 Price Action Overview
•Current Price: $103,404.61 🟢 (+2.31%)
•BTC has seen a steady uptrend since breaking out of the $58,946.00 low (late October 2024).
•Recent 4-hour highs are $103,490.00, but BTC is trading just under resistance at $104,088.00. 📈
•The 24h Low remains $100,609.41, showing BTC is holding above the psychological $100K level.
🔥 Key Resistance Levels
•$104,088.00 – This is the near-term ceiling BTC is testing. A breakout above could trigger further pumps to:
•$106,345.10 📈 (visible next resistance zone).
•If bulls break $106K, BTC may push towards fresh ATHs 🚀.
📉 Support Levels to Watch
•First support: $100,609.00 – Critical for BTC to hold as psychological support 🛡️.
•Below this, the $89,793.00 zone would be the next solid base where buyers may step in.
•Deeper support: $73,240.97 – Acts as a structural safety net for any strong corrections ⚠️.
📈 Bullish Signals
1.Higher Lows and Higher Highs: BTC continues this structure, confirming an uptrend 🔄.
2.Volume Pickup: 1.69B USDT volume indicates strong buying activity. 🛒
3.If BTC clears $104K, FOMO could accelerate, pushing towards $106K+. 🚀
⚠️ Bearish Warning Signs
1.Rejection at Resistance: If BTC fails at $104K, short-term profit-taking could bring it down to $100K 🪂.
2.Volume Drop: Without consistent volume, momentum may slow, and price could consolidate sideways 💤.
3.Long Wicks on Candles: If sellers push BTC down sharply after new highs, a reversal is possible. 🛑
🐂 Is More Pump Coming?
Yes, the chart favors a bullish continuation! 🚀
Here’s why:
•Bulls are holding price near key resistance.
•Volume remains healthy.
•Higher timeframe trends show strength.
If BTC breaks $104K decisively with strong volume, the next target could be $106,345+ in the short term. Failing to break could mean consolidation near $100K before the next push.
🔮 Final Prediction:
Short-term outlook: Bullish 📈, with a target of $106K if resistance clears