$BTC
Bitcoin / USDT – 4H Technical Analysis
On the 4H chart, BTC is recovering after a strong drop from the 84K area down to the 60K major support. Price has formed a short-term base and is now trading around 68.8K, moving inside a range between 64K support and 70K–72K resistance.
Momentum shows a mild bullish recovery with higher lows forming, but BTC is still below the major breakdown zone near 74K, meaning the broader structure remains neutral-to-bearish unless a strong breakout occurs.
🔎 Key Levels
Immediate Support: 66,000 – 64,100
Major Support: 60,000
Resistance: 69,500 – 72,000
Major Resistance: 74,700
📈 Trade Setup Ideas
✅ Long Setup (Breakout Trade)
Entry: 69,800 (4H close above resistance)
Target 1: 72,000
Target 2: 74,500
Stop Loss: 66,800
🔻 Short Setup (Rejection Trade)
Entry: 71,500–72,000 (if strong rejection appears)
Target 1: 67,000
Target 2: 64,200
Stop Loss: 74,000
📊 Outlook
BTC is currently ranging with slight bullish momentum. A clean breakout above 72K can shift structure bullish toward 75K+, while failure to hold 66K could bring another test of 64K or lower.
Trade with proper risk management.