#BTC/USDT Analysis — Pullback Before Bullish Continuation

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#BTC/USDT Analysis — Pullback Before Bullish ContinuationBitcoin / TetherUSBINANCE:BTCUSDTCryptoAnalystSignal#BTC The price is moving within a descending channel on the 4-hour frame, adhering well to it, and is heading for a strong breakout and retest. We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout. There is a major support area in green at 111600, which represents a strong support point. We are heading for consolidation above the 100 moving average. Entry price: 111750. First target: 112684. Second target: 113672. Third target: 115048. Don't forget a simple matter: capital management. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. Thank you.