📊 BTC/USDT Analysis | 4H Timeframe
Bitcoin shows a recovery after defending the $62,660 region, but it still faces a descending trend line, which remains the main resistance in the short term.
🔍 Technical Points:
✅ The price has recovered above the 9- and 21-period EMAs.
✅ RSI (14) around 52, indicating moderate buying strength, without reaching overbought levels.
⚠️ The main trend remains bearish as long as price stays below the descending trend line.
⚠️ The Parabolic SAR still requires confirmation for a definitive trend change.
📈 Bullish Scenario
If BTC breaks the trend line with rising volume, it could target: 🎯 65,300 🎯 66,000 – 66,900
📉 Bearish Scenario
If there is rejection at resistance, the price may return to test: 📍 63,300 📍 62,660 (main support)
💡 Conclusion
The market is at a decisive point. Buyers have gained strength in the short term, but only a confirmed breakout above resistance will turn the structure more bullish. Until then, risk management remains essential.
📊 Crypto Trader | Technical Analysis
🚀 Follow the page for more daily analyses of BTC, Gold (XAU), and opportunities in the cryptocurrency market.$BTC
Bitcoin shows a recovery after defending the $62,660 region, but it still faces a descending trend line, which remains the main resistance in the short term.
🔍 Technical Points:
✅ The price has recovered above the 9- and 21-period EMAs.
✅ RSI (14) around 52, indicating moderate buying strength, without reaching overbought levels.
⚠️ The main trend remains bearish as long as price stays below the descending trend line.
⚠️ The Parabolic SAR still requires confirmation for a definitive trend change.
📈 Bullish Scenario
If BTC breaks the trend line with rising volume, it could target: 🎯 65,300 🎯 66,000 – 66,900
📉 Bearish Scenario
If there is rejection at resistance, the price may return to test: 📍 63,300 📍 62,660 (main support)
💡 Conclusion
The market is at a decisive point. Buyers have gained strength in the short term, but only a confirmed breakout above resistance will turn the structure more bullish. Until then, risk management remains essential.
📊 Crypto Trader | Technical Analysis
🚀 Follow the page for more daily analyses of BTC, Gold (XAU), and opportunities in the cryptocurrency market.$BTC