BTCUSDT 4H – Reaccumulation Apex Compression | Decision Time

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📌 Price is now being squeezed between major trendline support and ATH resistance (~110K) — forming an apex structure, typical of Wyckoff Phase D → Phase E transitions.

🧠 Wyckoff Structure So Far:
Phase A/B/C: BC → ST → UT → Spring → LPS

Phase D: Multiple SOS rallies followed by a BU (backup to edge of creek)

Now: Testing the upper boundary of the range again — is this the launch point for Markup (Phase E)?

🔼 Bullish Breakout Conditions:
✅ 4H close above 110,625
✅ Rising volume above 27.4K MA
✅ RSI > 60

🟢 Targets:
TP1: 116,199 (measured move from pennant)
TP2: 117,449–118,237 (Fib confluence zone)
TP3: Trailing TP with 1.0% callback

🔽 Bearish Breakdown Risk:
❌ Close below 107,867 with RSI < 45 + rising volume
Would signal failure of the BU and reversion toward:

BC: 105,863
AR: 100,678

📊 Indicators:
RSI: 55.77 (neutral/bullish)
Volume: Still below average — shows compression
55 SMA: 107,762.7
BB Midline: 108,653.9

⚖️ No hedge short entry valid yet
Let the apex resolve — patience until confirmation.

#Bitcoin #BTCUSDT #Wyckoff #CryptoTrading #TechnicalAnalysis #BTC

Feragatname

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