🔥 BTC/USDT – 4H Market Update | Bulls Regaining Control 🔥
$BTC Bitcoin has bounced strongly from the 60,000 demand zone, forming a clear recovery structure on the 4H timeframe. After a sharp sell-off, price reclaimed the 67,500–68,000 area and is now consolidating near 70,200, signaling that sellers are losing momentum while buyers defend higher lows.
This consolidation phase below resistance often acts as a launchpad for continuation rather than a reversal. As long as
$BTC holds above 68K, the short-term bias remains bullish. A confirmed 4H breakout above 71,800–72,000 could trigger the next expansion toward 76,000 and potentially 79,300, where previous supply sits.
On the downside, failure to hold 67,000 would weaken the bullish structure and expose a pullback toward 63,000–60,000, a key long-term support zone.
📌 Key Levels
Resistance: 71,800 → 76,000 → 79,300
Support: 68,000 → 63,000 → 60,000
Momentum is cooling, but structure favors patience over panic.
⚠️ Wait for confirmation and manage risk accordingly.
Not Financial Advice)
Disclaimer: I am not your financial advisor.
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