BITCOIN ($BTC ) – MULTI-TIMEFRAME ANALYSIS
Current Price: ~$73,715
🔴 4H TIMEFRAME – BEARISH
Price below EMA 20, 50 & 200.
RSI: 42.2
Sellers maintain overall control.
Support: $73,390 / $73,011
Resistance: $74,500 / $75,666
🟠 1H TIMEFRAME – BEARISH
Price below EMA 20 & 50.
RSI: 43.9
MACD remains negative.
Resistance: $74,065–$74,193
Support: $73,480 / $73,390
🟡 15M TIMEFRAME – STRONG SELL PRESSURE
RSI: 40
MACD negative.
Price below EMA 20, 50 & 200.
Immediate support: $73,606
Resistance: $74,004–$74,118
🎯 KEY TRADING SCENARIOS
🐻 BEARISH SCENARIO: A confirmed breakdown below $73,390 could expose $73,011, followed by $72,727.
🐂 BULLISH SCENARIO: A reclaim of $74,200 could open a recovery toward $74,500 and $74,760.
📊 MY MARKET BIAS: BEARISH
All three time frames currently show downside pressure. Avoid chasing entries; wait for candle-close confirmation and volume.
⚠️ Trade carefully. Use proper risk management. This is technical analysis, not financial advice.
#HuangRisksOusterOverReportedAffairWithSubordinate
Current Price: ~$73,715
🔴 4H TIMEFRAME – BEARISH
Price below EMA 20, 50 & 200.
RSI: 42.2
Sellers maintain overall control.
Support: $73,390 / $73,011
Resistance: $74,500 / $75,666
🟠 1H TIMEFRAME – BEARISH
Price below EMA 20 & 50.
RSI: 43.9
MACD remains negative.
Resistance: $74,065–$74,193
Support: $73,480 / $73,390
🟡 15M TIMEFRAME – STRONG SELL PRESSURE
RSI: 40
MACD negative.
Price below EMA 20, 50 & 200.
Immediate support: $73,606
Resistance: $74,004–$74,118
🎯 KEY TRADING SCENARIOS
🐻 BEARISH SCENARIO: A confirmed breakdown below $73,390 could expose $73,011, followed by $72,727.
🐂 BULLISH SCENARIO: A reclaim of $74,200 could open a recovery toward $74,500 and $74,760.
📊 MY MARKET BIAS: BEARISH
All three time frames currently show downside pressure. Avoid chasing entries; wait for candle-close confirmation and volume.
⚠️ Trade carefully. Use proper risk management. This is technical analysis, not financial advice.
#HuangRisksOusterOverReportedAffairWithSubordinate