🔥 **Technical update for Bitcoin ($BTC ) on a 4-hour chart** 🔥
Bitcoin ($BTC ) is currently trading around the **$85,449** level after an attempt to test the recent high[span_6](start_span)[span_6](end_span). Here are the most important support and resistance levels to watch for in the coming period[span_7](start_span)[span_7](end_span):
📍 **Resistance levels (next targets):**
• **First resistance:** $87,385 (previous nearby peak)[span_8](start_span)[span_8](end_span)
• **Second resistance:** $88,008[span_9](start_span)[span_9](end_span)
📍 **Support levels (expected bounce zones):**
• **First support:** $82,519[span_10](start_span)[span_10](end_span)
• **Second support:** $79,774[span_11](start_span)[span_11](end_span)
$BTC
💡 **Quick technical read:**
The indicator shows a slight correction on the 4-hour timeframe after the recent rise. Holding the $82,519 support level increases the chance of a return and retesting the $87,000 zones again[span_12](start_span)[span_12](end_span).
⚠️ **Warning:** Capital management and sticking to a stop-loss are the foundation of success in trading. Not financial advice!
$BTC $USDT #BinanceSquare #CryptoAnalysis #Bitcoin
Bitcoin ($BTC ) is currently trading around the **$85,449** level after an attempt to test the recent high[span_6](start_span)[span_6](end_span). Here are the most important support and resistance levels to watch for in the coming period[span_7](start_span)[span_7](end_span):
📍 **Resistance levels (next targets):**
• **First resistance:** $87,385 (previous nearby peak)[span_8](start_span)[span_8](end_span)
• **Second resistance:** $88,008[span_9](start_span)[span_9](end_span)
📍 **Support levels (expected bounce zones):**
• **First support:** $82,519[span_10](start_span)[span_10](end_span)
• **Second support:** $79,774[span_11](start_span)[span_11](end_span)
$BTC
💡 **Quick technical read:**
The indicator shows a slight correction on the 4-hour timeframe after the recent rise. Holding the $82,519 support level increases the chance of a return and retesting the $87,000 zones again[span_12](start_span)[span_12](end_span).
⚠️ **Warning:** Capital management and sticking to a stop-loss are the foundation of success in trading. Not financial advice!
$BTC $USDT #BinanceSquare #CryptoAnalysis #Bitcoin