BTCUSD H4 ANALYSIS

BTCUSD H4 ANALYSIS

๐Ÿ“Š BTCUSD H4 Analysis โ€“ Bitcoin


BTCUSD is showing a short-term bullish rebound after a sharp decline within a descending channel. Price is attempting to recover from the $80,000โ€“$81,000 support zone.


๐Ÿ”น Resistance: $85,000โ€“$85,500 | $87,500โ€“$88,000

๐Ÿ”น Support: $82,000 | $80,000โ€“$81,000

๐Ÿ”น Bullish Scenario: A breakout above $83,500 could open the way toward $85,000โ€“$85,500.

๐Ÿ”น Bearish Scenario: Rejection may lead to another test of the $81,000โ€“$80,000 zone.


๐Ÿ“Œ Key Level: Watch for an H4 breakout above the descending channel for bullish confirmation.


โš ๏ธ Disclaimer: For educational purposes only. Always use proper risk management.

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