btcusd h4 analysis

BTCUSD Bitcoin vs US Dollar
btcusd h4 analysis

BTCUSD H4 Analysis πŸ“‰

Market rejected from the rising channel resistance and broke structure to the downside. Price is now consolidating near key support after strong bearish momentum.


πŸ”Ή Support Zone: 72400 – 73000

πŸ”Ή Resistance Zone: 76100 – 77300

πŸ”Ή Bias: Bearish below resistance


Possible scenario:

A weak retest can happen before continuation toward lower liquidity zones. Sellers still control the market unless price reclaims the broken structure. ⚑


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