BTC/USDT — 4H Chart Update 📊
Bitcoin is showing a clear recovery structure after bouncing from the $62,272 area. On the 4H chart, price has been forming higher lows and higher highs, indicating that buyers are gradually gaining control.
Currently, BTC is around $65,200, sitting just below an important resistance zone around $65,800–$66,000.
If bulls break and hold above this area, the next major level to watch is $66,970.
However, the RSI readings (RSI 6: 62.9 | RSI 12: 60.9 | RSI 24: 57.8) show that momentum is already relatively strong, so a short-term pullback before another push higher is also possible.
Key Levels: 🔹 Resistance: $65,800 → $66,970
🔹 Support: $64,620 → $63,446
🔹 Major Support: $62,272
My view: The 4H structure remains bullish as long as BTC holds above $64,620. A confirmed breakout above $66K could strengthen the bullish setup, while rejection could bring BTC back toward the lower support zones.
⚠️ Not financial advice. Trade with proper risk management.
$BTC
#CLARITYActSenateVoteDelayedPastRecess #GrayscaleWithdrawsThreeAltcoinETFFilings
Bitcoin is showing a clear recovery structure after bouncing from the $62,272 area. On the 4H chart, price has been forming higher lows and higher highs, indicating that buyers are gradually gaining control.
Currently, BTC is around $65,200, sitting just below an important resistance zone around $65,800–$66,000.
If bulls break and hold above this area, the next major level to watch is $66,970.
However, the RSI readings (RSI 6: 62.9 | RSI 12: 60.9 | RSI 24: 57.8) show that momentum is already relatively strong, so a short-term pullback before another push higher is also possible.
Key Levels: 🔹 Resistance: $65,800 → $66,970
🔹 Support: $64,620 → $63,446
🔹 Major Support: $62,272
My view: The 4H structure remains bullish as long as BTC holds above $64,620. A confirmed breakout above $66K could strengthen the bullish setup, while rejection could bring BTC back toward the lower support zones.
⚠️ Not financial advice. Trade with proper risk management.
$BTC
#CLARITYActSenateVoteDelayedPastRecess #GrayscaleWithdrawsThreeAltcoinETFFilings