Bitcoin consolidating above $106K on the H4 — pressure is building.
🟢 Bullish Scenario:
Clean break + close above $107K → opens the gate to $109.2K, then $111K
Momentum remains with bulls, and higher lows are intact.
🔴 Bearish Scenario:
Failure to hold $105K = potential revisit of $103.6K (last demand zone)
Below that? Eyes on the 200 EMA near $101.5K
🟢 Bullish Scenario:
Clean break + close above $107K → opens the gate to $109.2K, then $111K
Momentum remains with bulls, and higher lows are intact.
🔴 Bearish Scenario:
Failure to hold $105K = potential revisit of $103.6K (last demand zone)
Below that? Eyes on the 200 EMA near $101.5K
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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.