BTC 4H: BIG MOVE LOADING?
Bitcoin is trading around $77.2K, with price forming a potential symmetrical triangle on the 4H chart.
Support: $75.4K–$76K
Resistance: $79.5K–$80.5K
Major Breakout: $82.3K
Bullish scenario:
4H close above $80K + strong volume → $82.3K → $84K+
Bearish scenario:
Clean break below $75.4K → $72K → $70K
RSI(6) is around 17.6, showing strong short-term oversold conditions. A relief bounce is possible, but this does NOT guarantee a bottom.
For now, patience is key.
Don’t chase the middle of the triangle. Wait for confirmation.
One thing looks likely: volatility is coming.
NFA — Always manage risk and use a proper SL
$BTC
Bitcoin is trading around $77.2K, with price forming a potential symmetrical triangle on the 4H chart.
Support: $75.4K–$76K
Resistance: $79.5K–$80.5K
Major Breakout: $82.3K
Bullish scenario:
4H close above $80K + strong volume → $82.3K → $84K+
Bearish scenario:
Clean break below $75.4K → $72K → $70K
RSI(6) is around 17.6, showing strong short-term oversold conditions. A relief bounce is possible, but this does NOT guarantee a bottom.
For now, patience is key.
Don’t chase the middle of the triangle. Wait for confirmation.
One thing looks likely: volatility is coming.
NFA — Always manage risk and use a proper SL
$BTC