BTC 4H â Bearish Bias Still in Play đ
BTC is currently trading around $83,020 on the 4H chart.
The structure is still showing weakness after rejection from the $84.5Kâ$85K area.
đŽ Key resistance: $84,570â$84,950
đą Current price: ~$83,020
đ» Key support / PDL: ~$82,000
What Iâm watching next:
âą If BTC fails to reclaim $84.5Kâ$85K, sellers may remain in control.
âą A clean break below $82K could open the door for further downside.
âą If price reclaims $85K and holds above it, the bearish setup becomes weaker.
âą Iâm not looking for a blind entry â confirmation on lower timeframes is important.
My bias: Bearish until BTC proves otherwise.
What do you think?
$82K sweep first, or BTC reclaims $85K? đ
#BTC #BinanceSquareTalks #CryptoPatience #TradingSignals
BTC is currently trading around $83,020 on the 4H chart.
The structure is still showing weakness after rejection from the $84.5Kâ$85K area.
đŽ Key resistance: $84,570â$84,950
đą Current price: ~$83,020
đ» Key support / PDL: ~$82,000
What Iâm watching next:
âą If BTC fails to reclaim $84.5Kâ$85K, sellers may remain in control.
âą A clean break below $82K could open the door for further downside.
âą If price reclaims $85K and holds above it, the bearish setup becomes weaker.
âą Iâm not looking for a blind entry â confirmation on lower timeframes is important.
My bias: Bearish until BTC proves otherwise.
What do you think?
$82K sweep first, or BTC reclaims $85K? đ
#BTC #BinanceSquareTalks #CryptoPatience #TradingSignals