Bitcoin, Technical Analysis – H4
Despite sharp local corrective bounces fueled by buyers defending round-number support levels, the asset continues to exhibit overall weakness and distinctly bearish momentum.
Despite sharp local corrective bounces fueled by buyers defending round-number support levels, the asset continues to exhibit overall weakness and distinctly bearish momentum. Once bears decisively break the $58,000 support, the price is expected to decline toward $57,000, where it may encounter renewed local demand (including from short sellers taking profit).
Key Levels:
□ $57,000
□ $58,000
□ $59,000
Primary Scenario:
Decline to $57,000.
Alternative Scenario:
Consolidation between $58,000 and $59,000.
Analyst Commentary:
Long positions look highly unpromising in the current market environment.
니콜라이 크리시토포프는 Investizo의 마켓 애널리스트로, 금융시장 업계에서 15년 이상의 경력과 10년이 넘는 트레이딩 경험을 보유하고 있습니다. 그의 주요 관심 분야는 외환 및 암호화폐 시장, 기술적 분석, 데이 트레이딩, 시장 행태입니다.