The BTC/USD chart on the 4-hour time frame shows a bullish struc
The BTC/USD chart on the 4-hour time frame shows a bullish structure forming, with higher highs (HH) and a break of structure (BoS) confirming bullish momentum. The price is near a key support zone around 94,000–96,000, aligned with a retest of the descending trendline. If this support holds, a rally toward the resistance zone at 104,000–106,000 is likely. However, a breakdown below 94,000 could invalidate this setup. Monitor price action near the support zone for confirmation before taking action. BTCUSD
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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.