Bitcoin (BTC/USD) Technical Analysis (4H Chart)
Bitcoin has bounced from the demand zone ( $81,800 - $82,500 ), confirming strong buying interest. The price is now trading above the buying area ( $84,000 - $85,000 ), signaling bullish momentum.
- Support Levels:
- Demand Zone: $81,800 - $82,500
- Buying Area: $84,000 - $85,000 (Potential retest)
- Target Area: $91,500 - $92,000 – Key resistance zone for bulls.
- Outlook: If BTC holds above the buying area, a move toward the $92,000 target is likely. A drop below $81,800 could invalidate the bullish setup.
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Bitcoin has bounced from the demand zone ( $81,800 - $82,500 ), confirming strong buying interest. The price is now trading above the buying area ( $84,000 - $85,000 ), signaling bullish momentum.
- Support Levels:
- Demand Zone: $81,800 - $82,500
- Buying Area: $84,000 - $85,000 (Potential retest)
- Target Area: $91,500 - $92,000 – Key resistance zone for bulls.
- Outlook: If BTC holds above the buying area, a move toward the $92,000 target is likely. A drop below $81,800 could invalidate the bullish setup.
If you enjoy, press the like button.
Trade active
from 85k$ trade activatedNote
2nd layer activated from 83.5k$.Note
Note
Trade closed: target reached
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💸FREE FOREX Signals in Telegram : t.me/FxInsightsHub0
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/FxInsightsHub0
🚀FREE CRYPTO Signals In Telegram: t.me/FxInsightsHub0
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/FxInsightsHub0
🚀FREE CRYPTO Signals In Telegram: t.me/FxInsightsHub0
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.