📊 BTCUSD H4 Analysis – Bitcoin
BTCUSD is showing a short-term recovery after a sharp decline, but price is facing resistance near $84,000. The recent rebound may face selling pressure.
🔹 Resistance: $84,000 | $85,500–$86,000 | $88,000
🔹 Support: $82,000 | $80,000–$80,500
🔹 Bearish Scenario: Rejection near $84,000 could push price toward $82,000 and potentially $80,000.
🔹 Bullish Scenario: A confirmed breakout above $84,000 may open the way toward $85,500–$86,000.
📌 Key Focus: Watch price action around $84,000 for confirmation before entering a trade.
⚠️ Disclaimer: Educational analysis only. Always use proper risk management.
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