Post #4189

💰BITCOIN H4 SCENARIO – Technical & Fundamental Outlook 🕯Technical Analysis Bitcoin has successfully broken out of the descending channel, reclaiming the $110,000 support zone with strong buying interest. This breakout could serve as the first signal of a mid-term bullish reversal. 🔑Key Levels to Watch: 🤑Support: $108,000 – $110,000 (accumulation zone) 🤑Immediate Resistance: $116,000 🤑Major Resistance: $124,000 (psychological + technical barrier) A clean H4 close above $112,000 would confirm bullish continuation, targeting $118,000 and beyond. 📰Fundamental Outlook 🤑 Investor sentiment has improved following dovish signals from the Federal Reserve and increasing speculation around a September rate cut. Lower interest rate expectations typically weaken the USD and support risk assets like Bitcoin. 🤑 Additionally, growing institutional interest and positive ETF inflows continue to provide a strong demand base, reinforcing the possibility of a sustained upside rally. ⚡️Trading Outlook: Bias remains bullish above $110,000, with potential acceleration toward $124,000 if momentum sustains. A failure to hold above $110,000 could invalidate the breakout and retest the $108,000 support. — 🔔 Follow for daily professional setups, news, and market insights!