BTC/USD on the 4H timeframe shows price recovering after a prolonged downtrend marked by lower highs and lower lows. The descending trendline has been tested multiple times, and the latest move suggests a potential bullish breakout. Price rebounded strongly from the highlighted demand zone near the recent swing low, forming higher lows and building short-term momentum. The Ichimoku structure indicates improving strength as candles attempt to push above dynamic resistance. If buyers maintain control and confirm the breakout, upside continuation is likely. First Target 71,500 remains the initial objective, followed by Second Target 78,750 if bullish momentum accelerates further.
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Gold Signal's with proper TP& SL for
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Forex, Gold & Crypto Signals with
detailed analysis & get consistent
results.
t.me/GoldMan0009
Gold Signal's with proper TP& SL for
high profit opportunities
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.
