📊 $BTC (Bitcoin) - 4H
Bearish pressure marking a breakdown below the previous intermediate support zone to set a new local lower low (LL at $62,400). $BTC Currently trading at $62,949.5, trying to hold a slight intrarange rebound.
🔹 Price Action Levels:
• Resistance / Supply:
$64,200 - $65,000: First block of resistance and short-term inhibitor.
$66,400 - $67.600 (HB - DP / LH): Structural macro supply ceiling.
• Supports / Reaction:
$62,400 (LL): Recent local low and the immediate floor to defend.
$59,250 (LL): Next main liquidity target and macro support.
$57,650 (LL): Lower structural base and invalidator of the bullish macro buyer.
📌 Scenario Plan:
Technical Bounce: Maintain defense above $62,400 to seek an easing reaction toward the resistance zone at $64,200–$65,000.
Bearish Extension: A decisive loss of $62,400 will open the way to sweep the liquidity of the macro structural low at $59,250.
Manage risk and wait for confirmation at key levels. #BTC Price Analysis# #Altcoin Season# #BNBChain#
Bearish pressure marking a breakdown below the previous intermediate support zone to set a new local lower low (LL at $62,400). $BTC Currently trading at $62,949.5, trying to hold a slight intrarange rebound.
🔹 Price Action Levels:
• Resistance / Supply:
$64,200 - $65,000: First block of resistance and short-term inhibitor.
$66,400 - $67.600 (HB - DP / LH): Structural macro supply ceiling.
• Supports / Reaction:
$62,400 (LL): Recent local low and the immediate floor to defend.
$59,250 (LL): Next main liquidity target and macro support.
$57,650 (LL): Lower structural base and invalidator of the bullish macro buyer.
📌 Scenario Plan:
Technical Bounce: Maintain defense above $62,400 to seek an easing reaction toward the resistance zone at $64,200–$65,000.
Bearish Extension: A decisive loss of $62,400 will open the way to sweep the liquidity of the macro structural low at $59,250.
Manage risk and wait for confirmation at key levels. #BTC Price Analysis# #Altcoin Season# #BNBChain#