Bitcoin
Long

Bitcoin 4H Technical Analysis Bullish Continuation Toward $111k

198
Current Price Context:

BTC/USD: $103,696.63

EMA (70): $96,211.07

Trend: Bullish ๐Ÿ“ˆ




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Key Zones & Analysis:

1. RBR Zone (Demand Zone) ๐Ÿ’™

Price Range: $95,435.39 โ€“ $97,986.81

This area is a bullish support zone where price previously consolidated before the breakout.

Potential entry/buy zone ๐Ÿ“

If price pulls back: Bounce expected here ๐Ÿ”



๐ŸŸฆ RBR Zone:

๐Ÿ”ต 97,986.81
๐Ÿ”ต 96,211.07 (EMA support)
๐Ÿ”ต 95,435.39


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2. Resistance / Short-Term Supply ๐ŸŸฅ

Small blue box above current price

May cause a minor rejection before a breakout

Keep an eye out for price action signals here ๐Ÿ‘€



๐ŸŸฅ Resistance:

๐ŸŸฅ ~103,700 โ€“ 105,000


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3. Target Zone ๐ŸŽฏ

Main Target Point: $111,415.32

Target Range: $111,281.04 โ€“ $112,959.60

If price breaks above resistance, this is the next major target

Take profit zone ๐Ÿ’ฐ



๐ŸŽฏ Target Area:

๐Ÿ”ต 111,281.04
๐Ÿ”ต 111,415.32
๐Ÿ”ต 112,959.60


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Possible Price Path:

1. ๐Ÿ”ผ Break above current resistance


2. ๐Ÿ” Or pull back to RBR zone


3. ๐ŸŽฏ Final move toward target zone

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