analysis BITCOIN BTC/USD 4H
Manipulation and Quick Reversal:
On Monday, the price violently manipulated a critical zone before returning to its initial levels. This movement might indicate a liquidity grab, paving the way for an upward push.
Likely Scenario:
- Bullish: If the price breaks above the resistance around $102,000 and the upper IFVG 4H, it could aim for a new high. The identified resistances at $106,000 and $110,000 remain likely targets.
- Consolidation: If the price stays below the IFVG 4H, a temporary pullback toward $96,000 is possible before a bullish rebound.
Macro Context:
Favorable for BTC: Recent political and economic developments in the United States appear to support interest in BTC reserves. This could attract new capital into Bitcoin, boosting its current momentum.
Conclusion:
Bitcoin shows strong upside potential with positive momentum and a supportive fundamental context. Watch the reactions around key zones ($96,000 - $102,000) to confirm the bullish bias. A breakout of critical levels could pave the way for a rally toward new highs, marking a significant milestone for 2025.
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