📊$BTC 4H Update
BTC is bouncing from $58K, but the trend remains bearish below the EMA50 and EMA100.
Why ?
🔻 Strong resistance near $62K.
📉 The rebound still looks like a relief rally.
⚠️ Buying momentum remains weak.
Outlook: Unless BTC breaks above $62K, a retest of $59K–58K is still likely.
🟢 Bullish or 🔴 Bearish? 👇
BTC is bouncing from $58K, but the trend remains bearish below the EMA50 and EMA100.
Why ?
🔻 Strong resistance near $62K.
📉 The rebound still looks like a relief rally.
⚠️ Buying momentum remains weak.
Outlook: Unless BTC breaks above $62K, a retest of $59K–58K is still likely.
🟢 Bullish or 🔴 Bearish? 👇