$BTC Looks Ready for One More Dip Before the Move Higher 🤑
Bitcoin’s pushing into the top of its 4H channel again, and it still doesn’t look like a place where we break out cleanly. Every touch here has stalled, and this one feels no different 🔍
A pullback into the 87k–90k zone still makes the most sense. That area lines up with trendline support and previous liquidity, so a dip there is the most likely setup before the next move.
📈 After that retest, the breakout becomes far more realistic. And once price finally gets out of this channel, the next meaningful target is around 110k.
If buyers somehow force a breakout right here, it could get explosive fast, but I really doubt we skip the retest.
🎅 We might even get an early Santa Claus rally this year, but it’s worth seeing what the Fed says at the FOMC in 6 days.
