Bitcoin CME Futures is currently trading inside a falling wedge on the 4H timeframe.
We’re sitting at a key decision point, with liquidity both above and below.
Volume profile shows strong resistance, with a large high-volume node.
Support has held, with a clean rejection and demand showing up.
Fair Value Gaps (FVGs) are left above and below acting as magnet zones.
This setup leaves us with two clear scenarios:
Bullish Scenario 🟢
Breakout above wedge resistance
Reclaim 110K as support
Target 112K–118K FVG for liquidity fill
If momentum holds, possible test of 120K resistance zone
Bearish Scenario 🔴
Failure to break wedge resistance
Breakdown under 107K support
Target 97K–100K FVG as downside liquidity
Deeper rejection could extend to mid-90K levels
⚠️ No trade bias until price confirms direction. Waiting for a break + retest is key here.
We’re sitting at a key decision point, with liquidity both above and below.
Volume profile shows strong resistance, with a large high-volume node.
Support has held, with a clean rejection and demand showing up.
Fair Value Gaps (FVGs) are left above and below acting as magnet zones.
This setup leaves us with two clear scenarios:
Bullish Scenario 🟢
Breakout above wedge resistance
Reclaim 110K as support
Target 112K–118K FVG for liquidity fill
If momentum holds, possible test of 120K resistance zone
Bearish Scenario 🔴
Failure to break wedge resistance
Breakdown under 107K support
Target 97K–100K FVG as downside liquidity
Deeper rejection could extend to mid-90K levels
⚠️ No trade bias until price confirms direction. Waiting for a break + retest is key here.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.