BTCUSD H4 ANALYSIS

BTCUSD Analysis 📉

BTC has rejected the upper boundary of the ascending channel, signaling weakening bullish momentum. A sustained move below the current support could trigger a decline toward the 60,000–58,500 demand zone. A recovery above the channel resistance would invalidate the bearish outlook.

Bias: Bearish below 63,000 | Target: 60,000–58,500 | Invalidation: Strong close above channel resistance.