Bitcoin Must Break Key Resistance Zones for Continued Uptrend

I observed that Bitcoin failed to close above 112544 on the 4-hour chart, confirming a reversal signal. There was a bounce from the support zone around 111,000 to 110,000. Currently, Bitcoin attempted to test the resistance at 114751, which might lead to a pullback. If the pullback reaches the 113,000 to 111,200 range and a 4-hour close confirms the reversal, then a drop below 111,920 could set the target at 116,726, a level that also acts as resistance. Should Bitcoin close above 119,669 on the 4-hour chart, it would break the previous downward trend and suggest that the upward movement might continue. For a stronger bullish signal, Bitcoin needs to break through the 120,981 to 123,218 zone with high volume and sustain a close above it, indicating momentum for further gains. The next resistance level in the bullish scenario is at 129,217. On the daily timeframe, as long as the key support at 100,718 holds, the overall sentiment remains positive regarding Bitcoin's market outlook. The recent price action suggests traders should be attentive to these critical levels to gauge potential trend shifts, confirming whether the bullish continuation is established or if a deeper correction is underway.