BTC/USD 4H Chart Setup – Bullish Breakout Targeting $104K

1. Trend Direction

⬆️ Uptrend Detected
* Price is forming higher highs and higher lows
* Trading inside a bullish channel
* Breakout potential above the top trendline.


2. Key Zones

🟦 Support Zone: $95,252.31
* Labeled as RBS + RBR ZONE
* Strong buy area → previous resistance turned support
* Perfect area to catch a bounce

📏 Support Line & Trendline
* Trendline keeps price supported along the climb
* Acts as a launch pad for the next move.


3. EMA 70 (📉 Red Line)

* Current value: $93,636.88
* Price is above EMA, showing strong bullish pressure
* EMA acts as dynamic support.

4. Trade Setup

🎯 Target Point: $104,000
🟦 Target Zone: $103,918.60 – $104,747.91
🔥 Entry Zone: $95,252.31 (marked blue box)
⚠️ Stop Loss: $94,091.28
* Positioned safely below support
* Good Risk/Reward Ratio.


5. Extra Cues

📅 Economic event icons near May 3–6 → Potential volatility ahead
⚡ Pullback in progress → May offer a buying opportunity.


Conclusion

🚀 Bullish Setup!
* Watch for a bounce from the blue demand zone
* Targeting $104K breakout
* Strong support + momentum = solid long opportunity.