Bitcoin, Technical Analysis – H4
Bitcoin is re-testing the strategically important support zone around $61,300, which previously provided some stabilization after successfully defending the key psychological level of $60,000.
Bitcoin is re-testing the strategically important support zone around $61,300, which previously provided some stabilization after successfully defending the key psychological level of $60,000. If bulls manage to hold the current levels today, they will have an opportunity to develop a medium-term corrective rally toward the $67,000 area.
Key Levels
□ $61,300 — Immediate support
□ $63,000 — Key resistance / breakout level
□ $60,000 — Critical psychological support
□ $64,000–$67,000 — Medium-term upside targets
Primary Scenario:
Consolidation and sustained move above $63,000, with potential follow-through toward $64,000.
Alternative Scenario:
Breakdown below $61,300 support, increasing downside risks toward $60,000 and lower.
Analyst Commentary:
The crypto market does not appear strong at the moment. Fresh growth drivers and greater confidence are required before we can shift the overall market sentiment to a more bullish outlook.
Nikolai Krishtopov es analista de mercado en Investizo, con más de 15 años de experiencia en el sector de los mercados financieros y más de una década de experiencia operando. Sus áreas de interés incluyen los mercados de forex y criptomonedas, el análisis técnico, el trading intradía y el comportamiento del mercado.