🔥 Bitcoin regains ground in 4H: Resistance in sight or heading to $77.2k?
In the 4-hour chart, Bitcoin ($BTC ) shows a strong rebound after hitting the floor of $74,967, managing to push the price up to a maximum of $77,179.
Currently, the asset is consolidating around $76,914 (+1.59%), trading above its moving averages EMA 7 and EMA 25.
With the RSI indicator at 67.27 points, maintaining bullish strength, the key for the next few hours will be the EMA 99 located at $77,252, which acts as immediate resistance.
If you’re evaluating positions today, watch to see whether the 4H candle manages to close above this level to confirm the continuation of the move.
👇 Tap the interactive card of $BTC below to review real-time volume entry before making decisions.
👉 Follow me on Binance Square to get daily analysis and simple market readings.
In the 4-hour chart, Bitcoin ($BTC ) shows a strong rebound after hitting the floor of $74,967, managing to push the price up to a maximum of $77,179.
Currently, the asset is consolidating around $76,914 (+1.59%), trading above its moving averages EMA 7 and EMA 25.
With the RSI indicator at 67.27 points, maintaining bullish strength, the key for the next few hours will be the EMA 99 located at $77,252, which acts as immediate resistance.
If you’re evaluating positions today, watch to see whether the 4H candle manages to close above this level to confirm the continuation of the move.
👇 Tap the interactive card of $BTC below to review real-time volume entry before making decisions.
👉 Follow me on Binance Square to get daily analysis and simple market readings.
