As i predicted
$BTC
/ USDT – 4H Technical Outlook (Demand Zone Sweep & Rebound Setup)
On the 4-hour chart, Bitcoin (BTC) is trading around $65,420 (+1.98%) after executing a clean sweep of the lower demand zone near $61,880 – $64,150 and showing an immediate bullish reaction.
📉 Technical Breakdown (4H Chart):
Current Price: ~$65,420 (+1.98% on the session)
Structure: Following a steep downward impulsive leg, price swept macro support and is now attempting to establish a local base. The mapped trade setup targets a recovery push back toward upper resistance.
Support / Demand Zone: ~$61,880 – $64,150 (Critical structural floor holding the recent liquidity sweep).
Resistance / Target Zone: ~$73,500 (Initial upper liquidity block mapped as the upside profit target).
💡 Trade Plan & Strategy:
Scenario: Monitoring for sustained acceptance above local support as buyers attempt to drive a relief rally toward the $73.5k target.
Risk Management: Maintain strict stop-losses beneath the sweep low invalidation zone to protect capital against unexpected macro continuation downside.
💬 Are you positioning for a bounce on Bitcoin here, or waiting for further confirmation? Let's discuss below! 👇
#Bitcoin #BTC #BTCUSDT #BinanceSquare #CryptoTrading #TechnicalAnalysis #MacroUpdate
$BTC
/ USDT – 4H Technical Outlook (Demand Zone Sweep & Rebound Setup)
On the 4-hour chart, Bitcoin (BTC) is trading around $65,420 (+1.98%) after executing a clean sweep of the lower demand zone near $61,880 – $64,150 and showing an immediate bullish reaction.
📉 Technical Breakdown (4H Chart):
Current Price: ~$65,420 (+1.98% on the session)
Structure: Following a steep downward impulsive leg, price swept macro support and is now attempting to establish a local base. The mapped trade setup targets a recovery push back toward upper resistance.
Support / Demand Zone: ~$61,880 – $64,150 (Critical structural floor holding the recent liquidity sweep).
Resistance / Target Zone: ~$73,500 (Initial upper liquidity block mapped as the upside profit target).
💡 Trade Plan & Strategy:
Scenario: Monitoring for sustained acceptance above local support as buyers attempt to drive a relief rally toward the $73.5k target.
Risk Management: Maintain strict stop-losses beneath the sweep low invalidation zone to protect capital against unexpected macro continuation downside.
💬 Are you positioning for a bounce on Bitcoin here, or waiting for further confirmation? Let's discuss below! 👇
#Bitcoin #BTC #BTCUSDT #BinanceSquare #CryptoTrading #TechnicalAnalysis #MacroUpdate
