The BTC/USDT 4-hour chart indicates a bullish continuation pattern with a symmetrical triangle forming after a strong uptrend. The EMA ribbon supports the bullish trend, maintaining upward momentum. RSI near 50 suggests consolidation, preparing for a potential breakout. A breakout above $96,200 could target the $109,000 level, confirming bullish sentiment. The pattern aligns with Bitcoin's overall uptrend, showcasing strong buying pressure and positive market dynamics.
The USDT.D 4-hour chart reveals a head and shoulders pattern, indicating bearish dominance in stablecoin market share. A breakdown below 4.00% confirms further downside, signaling funds flowing into risk assets like Bitcoin, supporting its bullish case. RSI below 50 reflects weakening momentum in USDT dominance. If USDT.D continues declining towards 3.70%, it aligns with bullish sentiment in the broader crypto market, emphasizing confidence in Bitcoin's upward potential.
The Binance BTC/USDT liquidation heatmap highlights a concentrated zone of liquidation activity around $96,000, reflecting strong support levels. The upward trend indicates bullish momentum, with minimal resistance, supporting a positive BTC outlook.
Entry: 97697.39 or Market Price
1st Tp: 101589.97
2nd Tp: 105727.41
3rd Tp : 109288.23
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