📊 BTC/USDT Analysis | 4H + 1H
Bitcoin is currently trading around 84.8K after a rejection from the 87.2K area.
Market structure
On the 4H chart, BTC pulled back after a strong move up, but price is still holding above the key 84.0K–84.3K support zone.
On the 1H chart, price is attempting to reclaim short-term momentum and is trading around the MA(25), which makes this area important for the next move.
Key levels
Resistance:
* 85.1K
* 85.5K
* 87.2K
Support:
* 84.6K
* 84.3K
* 83.9K
* 83.3K
Bullish scenario
If BTC holds above 84.8K–85.0K, bulls may attempt a move toward 85.1K first, then 85.5K.
Bearish scenario
If price gets rejected and loses 84.6K, the next downside levels to watch are 84.3K and 83.9K.
My view
For now, BTC looks like it’s trying to stabilize after the recent drop, but confirmation is still needed.
This is a key decision zone, so patience matters here.
$BTC #BTC #crypto #TechnicalAnalysis #BinanceSquare
Bitcoin is currently trading around 84.8K after a rejection from the 87.2K area.
Market structure
On the 4H chart, BTC pulled back after a strong move up, but price is still holding above the key 84.0K–84.3K support zone.
On the 1H chart, price is attempting to reclaim short-term momentum and is trading around the MA(25), which makes this area important for the next move.
Key levels
Resistance:
* 85.1K
* 85.5K
* 87.2K
Support:
* 84.6K
* 84.3K
* 83.9K
* 83.3K
Bullish scenario
If BTC holds above 84.8K–85.0K, bulls may attempt a move toward 85.1K first, then 85.5K.
Bearish scenario
If price gets rejected and loses 84.6K, the next downside levels to watch are 84.3K and 83.9K.
My view
For now, BTC looks like it’s trying to stabilize after the recent drop, but confirmation is still needed.
This is a key decision zone, so patience matters here.
$BTC #BTC #crypto #TechnicalAnalysis #BinanceSquare