Bitcoin (BTC/USD), Technical Analysis – H4
The market is debating whether the breakout above the ascending channel signals a full shift toward buyer dominance or if it was merely a false breakout.
The market is debating whether the breakout above the ascending channel signals a full shift toward buyer dominance or if it was merely a false breakout that will force price back inside the channel. The answer will largely depend on the reaction at the upper channel boundary around $66,000, which is being tested at the moment.
Key Levels:
□ $66,000 — Critical resistance / upper channel wall
□ $65,000 — Intermediate support
□ $63,600 — Deeper support target
Primary Scenario:
Decline below $66,000 with further downside toward $65,000 and $63,600 (beyond the daily timeframe).
Alternative Scenario:
Continued growth toward $67,000.
Analyst Commentary:
The situation remains fragile for bulls despite the strong positive momentum seen in recent days. A decisive rejection at $66,000 could quickly tilt the short-term bias back to the downside.
Nikolai Krishtopov ialah Penganalisis Pasaran di Investizo dengan lebih 15 tahun pengalaman dalam industri pasaran kewangan dan lebih sedekad pengalaman berdagang. Bidang tumpuannya merangkumi pasaran forex dan kripto, analisis teknikal, dagangan intraday serta gelagat pasaran.