$BTC Technical Analysis of the BTC/USDT 4H Chart
Based on the chart, here's a comprehensive technical analysis of BTC/USDT on the 4-hour timeframe.
The chart shows a recent snapshot with the current price at approximately $89,830.00, down 1.3% from the previous close (around $89,727.88).
The 24-hour high is $91,603.23, the low is $87,852.90, with a 24-hour volume of 6.29K BTC and turnover of $564.75M USD.
The overall picture suggests a bearish bias in the short term, with potential for consolidation or a reversal if support holds.
Price Action and Trend
Candlestick Pattern: The chart displa