Bitcoin, Technical Analysis – H4
Bears predictably demonstrated strength at the first significant psychological resistance level of $65,000.
Bears predictably demonstrated strength at the first significant psychological resistance level of $65,000. The asset is now expected to decline at least to $62,500, where a strong support level is located. Further downside targets could be $60,500 and $60,000.
Key Levels:
□ $65,000 (resistance)
□ $62,500 (key support)
□ $60,500
Primary Scenario:
Decline toward $62,500.
Alternative Scenario:
Deeper correction toward $60,500.
Analyst Commentary:
Bitcoin remains under pressure established on the higher timeframes.
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.