BTCUSDT 4H Update BTCUSDTPERP PERPETUAL MIX CONTRACTBITGET:BTCUSDT.Pcrypt0APThe last dip triggered massive long liquidations and tapped into parts of the green demand zone. Currently, a potential **W-pattern / double bottom** is forming while price is holding above **110K** – an initial bullish signal. 🔑 **Key Levels** * **Resistance:** 113.465 – 114.416 \$ (Breakout Zone) | 116.834 \$ (CME Gap) | 118 – 120K (Major Short-Liq Zone) * **Support:** 107.2K | 104 – 102K (200 EMA Daily + CPR S1) 📊 **Conclusion:** As long as BTC holds above **110K**, the chance of a sustainable breakout remains. A confirmed trend reversal would only be validated above **113.5K**, opening the way towards **116–118K**. Below **107K**, the risk increases for a retest of the **104–102K** support range.