$BTC 4H Analysis The 94,300 Resistance Remains a Major Barrier

On the 4H timeframe, BTC continues to range with weak upward momentum, and the broader downtrend remains intact. Key observations:

1. Strong resistance at 93,500 – 94,300

This zone has been tested multiple times but hasn’t been broken. It also aligns with the MA100 and MA200, adding significant selling pressure.

2. The overall trend is still bearish

Even though higher lows are forming, price action remains below the major moving averages. Buyers have not shown enough strength to shift the trend.

3. The ascending trendline is providing temporary support

This trendline is holding price for now, but each bounce becomes weaker. A breakdown may push BTC toward the 88,000 – 86,000 region.

4. Two key scenarios to watch

Failure to break 94,300 → likely downward move.

Strong breakout and hold above 94,300 → momentum turns more bullish.

Overall, BTC remains bearish-biased unless it can decisively break through the critical resistance zone.

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