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Bitcoin will be bullish from here more you can read below and see above in the chart as it is a 4-hour technical analysis chart for Bitcoin.
Key Features:
1. Price Levels: Bitcoin's current price is $102,541.36.
2. Resistance Zone: Highlighted in red, indicating a level of selling pressure.
3. Support Zone: Highlighted in green, marking a level of buying interest.
4. Projections:
A yellow line shows a potential bullish trajectory from support.
A purple arrow suggests a breakout beyond the resistance zone.
Indicators:
1. Trend Line: Reflects overall market momentum.
2. Candlesticks: Represent price movement within 4-hour intervals.
Bitcoin is consolidating between support and resistance, with potential for upward movement if support holds.
Key Levels;
Buy now from 102550
TP 1 at: 103100
TP 2 at: 104000
Target 106285
SL at: 99907
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