The euphoria of $90k lasted little. Yesterday's close left a concerning "wick" of rejection and today Bitcoin struggles not to lose vital supports.

1️⃣ The Tactical Vision (4-Hour Chart): Cooling Down

  • Yesterday we broke upwards, today we give back the gain. The price ($87,830) has fallen below the support cluster formed by the EMA 20 ($88,158) and the EMA 50 ($88,281).

  • The VWAP at $88,499 now acts as a ceiling. As long as we are below that level, the pressure is bearish intraday.

The Tactical Vision (4-Hour Chart): Cooling Down

2️⃣ The Strategic Vision (Daily Chart): The 20 EMA is a Wall

  • Observe yesterday's daily candle: We rose to $90k, but the close was below. This shows that there is a lot of institutional selling at the Daily 20 EMA ($89,075).

  • The daily RSI (43.55) still cannot break the 50 barrier, confirming that bears are still defending the macro trend.

The Strategic Vision (Daily Chart): The 20 EMA is a Wall

🎯 Conclusion:

Bitcoin is trapped in "No Man's Land".

  • Bearish Scenario: If we lose $87,500, the magnet is $86,000.

  • Recovery Scenario: We will only be bullish again if a 4H candle closes with body above $88,500. Patience.

👇 Are you trading this range or waiting for the market to decide?

#bitcoin $BTC #cryptotrading #TechnicalAnalysis #MarketWatch #BinanceSquare

🇬🇧 English Summary:
BTC Analysis (4H vs 1D).

  • 4H Chart: Short-term correction. BTC lost the support cluster of EMA 20 ($88.1k) and EMA 50 ($88.2k).

  • Daily Chart: Failed breakout. Yesterday's wick shows strong rejection at the Daily 20 EMA ($89k). BTC is back in a choppy range. We need to reclaim $88.5k to resume the bullish attempt.