๐ BTC 4H ANALYSIS โ๐จ POST TRENDLINE BREAK๐จ
๐ Price broke the trendline
๐ Came back and got rejected
๐ Now moving down slowly
๐ฏ What this means
Market is getting weak
Sellers are starting to take control
BUT not fully bearish yet
๐ Important Levels
๐ด 77Kโ78K = Resistance (price struggling here)
๐ต 76K = Support (very important)
โ ๏ธ What to watch
If price breaks 76K
๐ Then it will likely go down to ~74K
If price goes back above 77K
๐ Then it was a fake move and can go up
๐ง Simple Idea
๐ Right now = wait zone
๐ Donโt trade in middle
๐ฅ One Line Summary
Below 76K = bearish
Above 77K = bullish again
#MarketSentimentToday #MarketRebound

BTC
76,150
-0.81%