BTCUSDT 4H Chart Update.
BTC broke out above key resistance and descending trendline, now consolidating above the $114,000 zone.
Price remains bullish; as long as it holds above $112,000–$113,000, further gains towards $123,000 are possible.
If BTC dips below $112,000, momentum could slow and a retest of lower support is possible.
BTC broke out above key resistance and descending trendline, now consolidating above the $114,000 zone.
Price remains bullish; as long as it holds above $112,000–$113,000, further gains towards $123,000 are possible.
If BTC dips below $112,000, momentum could slow and a retest of lower support is possible.
