BTC/USD 4H Analysis
Bitcoin is currently pulling back from the 78,000 resistance zone and heading towards the Golden Zone around 75,000 area.
As per the structure, we expect price to retest this Golden Zone (demand area), where it can find strong support. Once it respects the zone and shows clear bullish confirmation on the 1-hour, 2-hour & 4-hour timeframe, Bitcoin should be ready for the next leg up towards the new Reversal Zone / resistance area.
Key Levels to Watch: 📊
Golden Zone (Support / Demand) → ~75,000 – 75,048 🚀💹
Reversal Zone (Next Target) → ~82,430 – 83,936 🎯💯
We are patiently waiting for bullish confirmation on the 1H, 2H & 4H chart before considering fresh long positions. A strong bounce from the Golden Zone with higher highs and higher lows would confirm the continuation of the bullish momentum.
This setup looks promising for a potential reversal and upside move, provided the Golden Zone holds.
Note: This is for educational purposes only. Not financial advice. Always do your own research and trade responsibly.
What do you think — will BTC respect the Golden Zone and push higher, or do we see more downside first? Drop your views below 👇
Trade Analysis: Sniper Trader 📊🚀
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