Bitcoin is currently presenting a strong bullish setup on the 4H chart. Price has bounced from the lower boundary of a long-standing ascending channel, forming a falling wedge — a classic bullish continuation pattern.
The breakout from this wedge aligns with a key support level and suggests a potential move toward the upper resistance zone at $111.5K–$112.7K, which also aligns with the upper trendline of the broader ascending structure.
Momentum confirmation above $106K could accelerate the upside move.
Target zone: $111.5K–$112K
Invalid if price breaks below $104.5K
The breakout from this wedge aligns with a key support level and suggests a potential move toward the upper resistance zone at $111.5K–$112.7K, which also aligns with the upper trendline of the broader ascending structure.
Momentum confirmation above $106K could accelerate the upside move.
Target zone: $111.5K–$112K
Invalid if price breaks below $104.5K
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。