Bitcoin
Short

"Bitcoin 4H – Bearish Rejection, 89K Target"

226
Asset: Bitcoin (BTC) against the US Dollar (BTC/USD).

Timeframe: 4-hour (each candle represents 4 hours of trading).

Current Price: Around 94,062 USD, slightly down by -0.63%.


Key Points on the Chart:

1. Support and Resistance Zones:

Red Zone (Top): Strong resistance between 94,932 - 96,128 USD. Price struggled to break higher here.

Blue Zones (Middle/Bottom): Key support areas where price has previously bounced up.


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