#BTC
👑 Al-Qonsul for Technical Analysis, King of Scalping.
Has Bitcoin’s decline ended at 73,200, or is the worst yet to come? Peace be upon you, and God’s mercy and blessings. Bitcoin experienced a sharp decline and reached the 73,200 area. Now we’re at a very important technical zone. Four-hour timeframe data: Open 74,823.40,
High 75,470, Low 74,453.70,
Close 75,096.20.
Technical indicators:
RSI at 32.09 and MACD histogram is negative.
Resistance levels: 76,000, 77,100, 80,00.
Support levels: 74,450, 73,300–73,900, 72,000.
Bullish scenario: Reclaiming 76,000 and holding above it could support a rise toward 77,100.
Bearish scenario: A break below 74,450 could push the price to test 73,300.
Our outlook:
We won’t rush to call the bottom or chase the rebound before it’s confirmed. We’re watching the four-hour candle close and waiting for confirmation of a momentum shift.
We are catching the opportunity, not chasing candles
#القنصل_للتحليل_الفني
#Crypto، #CryptoAnalysis, #BitcoinAnalysis, #BTCUSDT, #Trading, #Scalping, #KingOfScalping
👑 Al-Qonsul for Technical Analysis, King of Scalping.
Has Bitcoin’s decline ended at 73,200, or is the worst yet to come? Peace be upon you, and God’s mercy and blessings. Bitcoin experienced a sharp decline and reached the 73,200 area. Now we’re at a very important technical zone. Four-hour timeframe data: Open 74,823.40,
High 75,470, Low 74,453.70,
Close 75,096.20.
Technical indicators:
RSI at 32.09 and MACD histogram is negative.
Resistance levels: 76,000, 77,100, 80,00.
Support levels: 74,450, 73,300–73,900, 72,000.
Bullish scenario: Reclaiming 76,000 and holding above it could support a rise toward 77,100.
Bearish scenario: A break below 74,450 could push the price to test 73,300.
Our outlook:
We won’t rush to call the bottom or chase the rebound before it’s confirmed. We’re watching the four-hour candle close and waiting for confirmation of a momentum shift.
We are catching the opportunity, not chasing candles
#القنصل_للتحليل_الفني
#Crypto، #CryptoAnalysis, #BitcoinAnalysis, #BTCUSDT, #Trading, #Scalping, #KingOfScalping