BTC 4H Analysis - Current: $117,150 (-0.97%)Range-bound between $115,687 week low and $120K+ resistance. Monday low at $116,500 serving as immediate support - critical inflection point.
4H Fair Value Gap clearly defined - institutional liquidity zone demanding respect. Market structure showing inducement above $120K highs with potential liquidity sweep of Monday lows to trigger directional move.
Order blocks forming around $116.5K-$117K zone. Break below $116,500 targets $115,687. Reclaim of $118,500 needed for bullish continuation.
Higher timeframes remain constructive despite 4H consolidation.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.