BTCUSD is currently showing bearish pressure on the 4H timeframe after breaking below a major ascending trendline. The recent rejection from higher levels indicates weakening bullish momentum, while sellers are gaining control of the market structure.
Price may attempt a short-term retracement before continuing lower toward the major support area around 64,000. As long as Bitcoin remains below the broken trendline, bearish continuation remains possible.
📌 Key Resistance Area: 78,000 - 80,000
🎯 Bearish Target: 64,000 Support Zone
⚠️ Volatility and liquidity grabs are expected before the main move. Proper risk management is highly recommended.
This analysis is based on trendline structure, liquidity concepts, and overall market price action.
Not Financial Advice — Trade Responsibly.
Price may attempt a short-term retracement before continuing lower toward the major support area around 64,000. As long as Bitcoin remains below the broken trendline, bearish continuation remains possible.
📌 Key Resistance Area: 78,000 - 80,000
🎯 Bearish Target: 64,000 Support Zone
⚠️ Volatility and liquidity grabs are expected before the main move. Proper risk management is highly recommended.
This analysis is based on trendline structure, liquidity concepts, and overall market price action.
Not Financial Advice — Trade Responsibly.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.