Bitcoin, Technical Analysis – H4

01.07.2026 10:03
Harian
Teknikal

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.