BTCUSDT short-term analysisBitcoin / TetherCOINBASE:BTCUSDTvf_investmenthi traders Let's have a look at BTC on 4h time frame. RSI (14): Currently at 60.40, suggesting mild bullish momentum but not overbought. RSI Moving Average: Around 50.92, confirming recent upward momentum. MACD bullish cross suggest more upside in a short term. Breakout Confirmation: Price has broken above a recent horizontal resistance (near $109,236), now acting as support. Bullish Continuation Expected Support & Resistance: New Support: $109,236 Resistance to Break: Around $111,742 ✅ Conclusion: This is a bullish breakout trade based on horizontal support/resistance, favorable RSI, and a clear RR setup. The trader anticipates a pullback and continuation toward $111.7K, using a tight stop just below the breakout zone to minimize risk.