By analyzing the Bitcoin chart on the 4-hour timeframe, we can see that the price moved exactly as expected — it hit the $118,000 target and even rallied up to $123,900. After reaching this key supply zone, which we had marked earlier, BTC faced selling pressure and is now trading around $121,800.
If Bitcoin can hold and stabilize above $120K, we could see a new ATH soon! “Uptober” has just begun, and it looks like we’re in for a strong bullish month. The next upside targets are $125K, $132K, and $138K.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
If Bitcoin can hold and stabilize above $120K, we could see a new ATH soon! “Uptober” has just begun, and it looks like we’re in for a strong bullish month. The next upside targets are $125K, $132K, and $138K.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
トレード稼働中
By analyzing the Bitcoin chart on the 4-hour timeframe, we can see that the price moved exactly as expected — it hit the $125K target and then corrected down to $122K, where it’s currently trading.The new ATH for Bitcoin is $125,710, and the $123,700–$125,710 range is now a key supply zone. For BTC to continue its rally and reach new highs, we need to see a strong breakout above this area. Keep an eye on how the price reacts around this level!
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