BTC looks like it needs some breathing room on the 4H.
After the strong push up, price is now compressing near resistance while momentum looks less clean. I’m watching this as a potential cooldown phase rather than immediate continuation.
My main expectation: a pullback toward the 78K area, where price could retest the trend support / demand zone before deciding the next larger move.
For now, I don’t want to chase longs here. I’d rather see BTC cool off, reclaim strength, or give a cleaner reaction around support.
After the strong push up, price is now compressing near resistance while momentum looks less clean. I’m watching this as a potential cooldown phase rather than immediate continuation.
My main expectation: a pullback toward the 78K area, where price could retest the trend support / demand zone before deciding the next larger move.
For now, I don’t want to chase longs here. I’d rather see BTC cool off, reclaim strength, or give a cleaner reaction around support.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.