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$BTC
After losing the $80.7k level (Monday’s high) as support on the 4H chart, Bitcoin quickly dropped to retest the $79k zone, which played out as expected.
At the moment, the key 4H support sits around $79.5k — the previous weekly high — with the last four candles repeatedly testing and holding above this level, showing buyers are still defending the area.
That said, I still can’t rule out another sweep toward the $78.5k region, where the weekly open and strong demand zone from last weekend’s price action align. A move into that area could provide the liquidity needed before Bitcoin pushes toward fresh local highs.
However, if BTC can reclaim and hold above $80.7k on the 4H timeframe, bullish momentum would likely strengthen again and open the door for continuation higher.
$BTC
After losing the $80.7k level (Monday’s high) as support on the 4H chart, Bitcoin quickly dropped to retest the $79k zone, which played out as expected.
At the moment, the key 4H support sits around $79.5k — the previous weekly high — with the last four candles repeatedly testing and holding above this level, showing buyers are still defending the area.
That said, I still can’t rule out another sweep toward the $78.5k region, where the weekly open and strong demand zone from last weekend’s price action align. A move into that area could provide the liquidity needed before Bitcoin pushes toward fresh local highs.
However, if BTC can reclaim and hold above $80.7k on the 4H timeframe, bullish momentum would likely strengthen again and open the door for continuation higher.
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