Bitcoin
Long

BTCUSD POSSIBLE BUY SETUP

117
💡 BTCUSD 4H Outlook – Recovery Setup in Play

After a strong sell-off that created a Change of Character (ChoCH), price has now tapped into the demand zone around 112,000 – 113,000. From here, I’m watching for signs of accumulation and potential continuation back to the upside.

🔼 Bullish Scenario

If buyers hold this demand, we could see a rally toward the first supply zone near 116,000.

A clean break above that would open the way for a push toward the major resistance at 118,000 – 119,000.

🔽 Bearish Scenario

Failure to hold 112,000 support could trigger further downside. Next liquidity sweep would likely come below 111,500 and possibly deeper.

⚔️ Key Levels to Watch

Support: 112,000 | 111,500

Resistance: 116,000 | 118,000 – 119,000

📊 Current structure suggests bulls may try to defend this zone, giving a possible recovery leg.

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