BTC Approaches Golden Pocket for Potential Lower-High Reversal

Bitcoin on the 4H chart has shown clear recovery after the last major dump toward the $101.5K zone. Since then, price action has formed higher lows under a broken trendline, confirming early bullish structure. The current leg has extended toward $116K, but as the Fed meeting approaches, volatility is expected to increase with potential liquidity grabs on both sides.
The area between $109K–$108.5K remains a key golden pocket where long-side liquidations may occur before any reversal. A sustained bounce or double-bottom formation in this pocket could mark the next leg toward retesting the previous all-time high. As long as BTC holds above $100K psychological support, the market stays in distribution or early markup phase. Patience is key — wait for confirmation before entering long positions.


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