After a healthy pullback from recent highs, Bitcoin is showing signs of bullish continuation on the 4H chart. Price has respected the key support zone between $115,490 – $115,491, with a secondary support at $112,911.
🔹 Currently trading around $118,246, BTC is attempting to build momentum for a potential breakout toward higher levels.
🎯 Key Targets:
$118,648 (Immediate resistance)
$119,419
$122,398
Extended targets: $125,000 / $126,169 / $126,261
🛡️ Key Support Zone:
$115,490 – $115,491
$112,911 (Strong demand area)
If bullish pressure holds above the support zone, we may see a move toward the upper resistance levels. However, price action near $118,621 will be critical for short-term trend direction.
🔹 Currently trading around $118,246, BTC is attempting to build momentum for a potential breakout toward higher levels.
🎯 Key Targets:
$118,648 (Immediate resistance)
$119,419
$122,398
Extended targets: $125,000 / $126,169 / $126,261
🛡️ Key Support Zone:
$115,490 – $115,491
$112,911 (Strong demand area)
If bullish pressure holds above the support zone, we may see a move toward the upper resistance levels. However, price action near $118,621 will be critical for short-term trend direction.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.