📊 $BTC: A BOUNCE DOESN’T ALWAYS MEAN A TREND REVERSAL
On the 4H chart, we can see something interesting.
After a significant drop, $BTC began to stabilize and recover some of the lost ground.
But be careful: stabilizing doesn’t necessarily mean the downtrend is over.
What am I watching?
1️⃣ The price is still below the MA(25) and MA(99).
2️⃣ The 78,000 area is a level I want to keep watching.
3️⃣ We need to see whether higher highs and higher lows start to appear.
4️⃣ Volume will be important in assessing the strength of any recovery.
My conclusion: for now, I’d rather watch than jump to conclusions.
💬 Do you think $BTC is gearing up for a recovery, or is it simply pausing before continuing to fall?
#Bitcoin #BTC #Trading #AnalisisTecnico
On the 4H chart, we can see something interesting.
After a significant drop, $BTC began to stabilize and recover some of the lost ground.
But be careful: stabilizing doesn’t necessarily mean the downtrend is over.
What am I watching?
1️⃣ The price is still below the MA(25) and MA(99).
2️⃣ The 78,000 area is a level I want to keep watching.
3️⃣ We need to see whether higher highs and higher lows start to appear.
4️⃣ Volume will be important in assessing the strength of any recovery.
My conclusion: for now, I’d rather watch than jump to conclusions.
💬 Do you think $BTC is gearing up for a recovery, or is it simply pausing before continuing to fall?
#Bitcoin #BTC #Trading #AnalisisTecnico
