🔍 Technical Analysis (H4 Timeframe)
Bullish Signs: On the daily chart, consecutive candlesticks with long lower shadows combined with a Bullish Divergence on the RSI signal that selling momentum is exhausting.
Rebound Potential: If buyers successfully defend the current support zone, we can expect a technical rebound to retest the 61K – 62K resistance area.
⚠️ Key Scenarios to Watch
The Bull Case: The 61K – 62K zone remains a crucial pivot. BTC needs a strong breakout and a daily close above this level to invalidate the short-term bearish structure.
The Bear Case: Conversely, failure to reclaim 61K – 62K will likely confirm a lower high, resumption of the macro downtrend, and a drop toward the major support pocket at 54K – 56K.
🎯 Trading Strategy
Action Plan: Wait and watch price action closely around the 61K – 62K cluster.
Market Bias: The mid-term bias still leans toward further correction. Risk management is key here, and the 54K – 56K zone remains our primary downside target if the bears regain control.
Bullish Signs: On the daily chart, consecutive candlesticks with long lower shadows combined with a Bullish Divergence on the RSI signal that selling momentum is exhausting.
Rebound Potential: If buyers successfully defend the current support zone, we can expect a technical rebound to retest the 61K – 62K resistance area.
⚠️ Key Scenarios to Watch
The Bull Case: The 61K – 62K zone remains a crucial pivot. BTC needs a strong breakout and a daily close above this level to invalidate the short-term bearish structure.
The Bear Case: Conversely, failure to reclaim 61K – 62K will likely confirm a lower high, resumption of the macro downtrend, and a drop toward the major support pocket at 54K – 56K.
🎯 Trading Strategy
Action Plan: Wait and watch price action closely around the 61K – 62K cluster.
Market Bias: The mid-term bias still leans toward further correction. Risk management is key here, and the 54K – 56K zone remains our primary downside target if the bears regain control.
Trade attivo
BTC Idea Update: Eyes on NFP tonight.
Price is currently holding around the $60.2k - $60.3k area. If tonight's NFP data triggers a bullish momentum, we could see a strong breakout above $61k (potentially triggering a short squeeze). A solid daily close above this level will clear the path for BTC to target the $63.5k resistance zone.
P
Wait for post-news confirmation. Avoid chasing the initial spike to protect capital.
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Pubblicazioni correlate
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.