📊 $BTC Update (4h/1D)
Short-term is bearish right now, with Supertrend red on both 1h and 4h. RSI is oversold (4h: ~28), so a small bounce could come.
🔻 Support: 81,850 → 79,500 → 78,200
🔺 Resistance: 83,500 → 84,600 → 85,800 → 87,300
✅ Bullish condition: If a 4h candle closes above 84.6k, the target is 85.8k–87.3k.
A bounce could come again from 83.8k → 84.6k.
❌ Bearish condition: If a 4h candle closes below 81,850, the target is 79.5k.
On the bigger picture (1D/1W), the trend is still bullish as long as 79.5k holds. No rushing before confirmation.
What's your opinion? Share it in the comments.
⚠️ This is not financial advice, just my chart analysis. Do your own research and use a stop-loss.
#BTC #bitcoin #CryptoAnalysis #BinanceSquareFamily
Short-term is bearish right now, with Supertrend red on both 1h and 4h. RSI is oversold (4h: ~28), so a small bounce could come.
🔻 Support: 81,850 → 79,500 → 78,200
🔺 Resistance: 83,500 → 84,600 → 85,800 → 87,300
✅ Bullish condition: If a 4h candle closes above 84.6k, the target is 85.8k–87.3k.
A bounce could come again from 83.8k → 84.6k.
❌ Bearish condition: If a 4h candle closes below 81,850, the target is 79.5k.
On the bigger picture (1D/1W), the trend is still bullish as long as 79.5k holds. No rushing before confirmation.
What's your opinion? Share it in the comments.
⚠️ This is not financial advice, just my chart analysis. Do your own research and use a stop-loss.
#BTC #bitcoin #CryptoAnalysis #BinanceSquareFamily