Bitcoin (BTC/USDT) – 4H Analysis UpdateBitcoin / TetherUSBINANCE:BTCUSDTScramblerGBTC is currently holding above the key resistance-turned-support zone of $106,057, after a clean breakout from the symmetrical triangle last week. Price is consolidating just below $107,000, signaling a potential pause or minor pullback before the next leg. Technical Overview: Trendline support from May is intact $106K zone flipped into support — critical for bulls to hold Price action is compressing under resistance at $107,000 Holding here may lead to a retest of $108,895, then $111,785 Key Levels to Watch: Support: $106,057 – Immediate support $101,409 – Mid-range demand zone $98,898 – Rising trendline $93,343 – Strong base zone Resistance: $107,000 – Minor resistance $108,895 – Major resistance $111,785 – Upper breakout target Outlook: Bulls need to defend the $106K zone to maintain momentum. Failure to do so could cause the price to pull back toward $101K. On the flip side, strong volume above $108900 may trigger a rally toward $111K+. DYOR | Not Financial Advice