4H Analysis Resistance 94,300 Remains the Main Barrier
On the 4H timeframe, BTC continues to fluctuate with weak upward momentum, and the overall downward trend remains intact. Key observations:
1. Strong resistance at 93,500 – 94,300
This area has been tested multiple times but has not yet been broken. It also aligns with MA100 and MA200, creating significant selling pressure.
2. The overall trend remains bearish
Although lower lows are forming, price action still lies below the main moving averages. Buyers have not shown enough strength to change the trend.
3. The upward trendline is providing temporary support
This trendline is holding the price at present, but each bounce is becoming weaker. A break could push BTC to the area of 88,000 – 86,000.
4. Two main scenarios to watch
Not breaking 94,300 → potential to move downward.
Strong break and hold above 94,300 → momentum becomes more bullish.
Overall, BTC still has a bearish trend unless it can decisively break the important resistance area.
