Bitcoin (BTC/USD) — 4H Outlook: Expanding Ascending Triangle + Bitcoin / U.S. DollarGEMINI:BTCUSDStoxello ** Bitcoin (BTC/USD) — 4H Outlook: Expanding Ascending Triangle + RSI/MACD Convergence ** Overview Bitcoin is consolidating between $114K and $117K while testing the upper edge of an **expanding ascending triangle**. Price is hovering under the linear regression chop zone (~$116K), which is capping short-term upside momentum. Momentum oscillators are leaning bearish, but structure shows potential for a breakout if resistance is cleared. What it does This analysis combines **pattern recognition (triangles & regression zones)** with **RSI, MACD, and OBV momentum signals** to frame the near-term outlook. By highlighting support/resistance pivots and probability-weighted scenarios, traders can position for either consolidation, pullback, or breakout. Key Levels • Support: $113.5K–$114K / $111.5K–$112K • Resistance: $116K / $117.5K–$118K • Breakout Trigger: Daily close above $117.5K with volume → target $119K–$120K Forecast (2–3 Days) • 🔼 40%: Breakout above $117.5K toward $119K–$120K • 🔁 35%: Sideways consolidation between $113.5K–$116K • 🔽 25%: Pullback toward $111.5K if RSI/MACD weakness persists Strategy Notes • Swing traders: Wait for reclaim of $117.5K for bullish continuation. • Breakout traders: Enter above $117.5K → target $120K+. • Bulls: Defend $113.5K support; losing this zone risks flush lower. 📌 Chart shows BTC testing regression resistance with **expanding triangle structure**. Indicators lean slightly bearish but breakout potential remains if $117.5K is reclaimed. ---