#LatestMarketInsights Bitcoin is currently trading in a decisive technical zone after consolidating above a strong higher-timeframe support region. Price structure on the daily chart remains bullish, with higher lows intact despite recent volatility. Momentum indicators are cooling from overbought conditions, suggesting a potential continuation move rather than a full trend reversal.



On the 4H timeframe, BTC is forming a tightening range, indicating accumulation. Buyers have consistently defended the immediate support zone near the recent swing low, while resistance remains firm around the previous local high. A clean breakout above this resistance with strong volume confirmation would likely trigger momentum buying and short liquidations, pushing price toward the next psychological resistance level.

The 50 EMA on the 4H chart is acting as dynamic support, while the 200 EMA remains well below price — a bullish market structure signal. RSI is hovering near the neutral 50–55 region, leaving room for upside expansion. MACD is showing early signs of bullish crossover, hinting at growing momentum.

Bullish Scenario:
A confirmed breakout and daily close above resistance could open the door for a continuation rally toward the next supply zone. Traders may look for breakout retests for safer entries, targeting higher resistance levels with a favorable risk-reward ratio.

Bearish Scenario:
Failure to break resistance followed by a rejection wick and declining volume could trigger a short-term pullback. Key support sits at the range low; a breakdown below that level would shift short-term bias bearish and potentially retest deeper liquidity zones.

Trading Plan Idea:
• Aggressive entry: Breakout confirmation with volume spike
• Conservative entry: Retest of broken resistance as support
• Stop loss: Below recent swing low
• Targets: Scaled take-profits at key resistance clusters$BTC
BTC-1,13%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)