BTC/USD 4H Analysis
Bitcoin is consolidating just below a key 64,000–67,000 resistance zone after recovering from a strong liquidity sweep around 58,000. Price is holding above short-term support, suggesting buyers remain active, but a confirmed breakout is still required before expecting sustained upside.
A decisive close above the resistance zone could open the door toward the higher 72,000 supply area. On the other hand, rejection from resistance may trigger another pullback into the 61,000–60,000 demand zone, where buyer reaction will be important.
Key Levels
Support: 61,000–60,000
Resistance: 66,000–67,000
Major Supply: 72,000
Trading Plan
Wait for a confirmed breakout above 67,000 for bullish continuation toward 72,000. If price is rejected, monitor the 61,000–60,000 support zone for the next high-probability setup.
Disclaimer: This analysis is for educational purposes only and is not financial advice. Always wait for confirmation and use proper risk management.
Bitcoin is consolidating just below a key 64,000–67,000 resistance zone after recovering from a strong liquidity sweep around 58,000. Price is holding above short-term support, suggesting buyers remain active, but a confirmed breakout is still required before expecting sustained upside.
A decisive close above the resistance zone could open the door toward the higher 72,000 supply area. On the other hand, rejection from resistance may trigger another pullback into the 61,000–60,000 demand zone, where buyer reaction will be important.
Key Levels
Support: 61,000–60,000
Resistance: 66,000–67,000
Major Supply: 72,000
Trading Plan
Wait for a confirmed breakout above 67,000 for bullish continuation toward 72,000. If price is rejected, monitor the 61,000–60,000 support zone for the next high-probability setup.
Disclaimer: This analysis is for educational purposes only and is not financial advice. Always wait for confirmation and use proper risk management.
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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.
Related publications
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.