📉 Bitcoin (BTC/USDT) 4H Chart Analysis
🔴 Overview:
Bitcoin is trading at $101,847 (-0.22%) on the 4-hour timeframe.
The price is moving within a descending wedge/pennant pattern.
Key EMA (200): Currently at $100,781, acting as dynamic support.
📌 Key Levels & Analysis:
Resistance Zone (~$102,000 - $103,000): Price is struggling to break above this level.
Support Zone (~$97,500 - $98,500): A key demand zone where buyers may step in.
⚠️ Potential Scenarios:
Bearish Breakdown ⬇️
If BTC loses the $100,800 EMA support, a drop towards $98,000-$97,500 is likely.
The marked arrow suggests this bearish move.
Bullish Rebound ⬆️
If BTC holds above EMA 200 and reclaims $102,000, a breakout towards $104,000-$106,000 could follow.
🧐 Final Thoughts:
Short-term trend: Bearish bias unless price reclaims resistance.
Watch for a break below $100,800 for further downside.
RSI & Volume Confirmation Needed for stronger signals.
🔴 Overview:
Bitcoin is trading at $101,847 (-0.22%) on the 4-hour timeframe.
The price is moving within a descending wedge/pennant pattern.
Key EMA (200): Currently at $100,781, acting as dynamic support.
📌 Key Levels & Analysis:
Resistance Zone (~$102,000 - $103,000): Price is struggling to break above this level.
Support Zone (~$97,500 - $98,500): A key demand zone where buyers may step in.
⚠️ Potential Scenarios:
Bearish Breakdown ⬇️
If BTC loses the $100,800 EMA support, a drop towards $98,000-$97,500 is likely.
The marked arrow suggests this bearish move.
Bullish Rebound ⬆️
If BTC holds above EMA 200 and reclaims $102,000, a breakout towards $104,000-$106,000 could follow.
🧐 Final Thoughts:
Short-term trend: Bearish bias unless price reclaims resistance.
Watch for a break below $100,800 for further downside.
RSI & Volume Confirmation Needed for stronger signals.
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İlgili yayınlar
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Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.