Hello everyone,
On the H4 timeframe, Bitcoin remains within a broader uptrend, but recent price action is starting to show signs of short-term weakness. After setting a high around the 77,000–78,000 zone, price has pulled back relatively quickly and is now moving toward the 34 EMA (red).
What stands out is that this time, price behavior differs from previous pullbacks. Instead of holding firmly and bouncing immediately from the 34 EMA, price has briefly moved below it, indicating weakening short-term buying pressure. At the same time, the latest highs are no longer expanding aggressively but are beginning to slope downward—an early sign of fading momentum.
At the moment, the 73,000–73,500 zone (near the 89 EMA – blue) is acting as a key support level. If price holds this area and shows a clear buying reaction, this could simply be a retest within the broader uptrend, helping to “reset” positioning before continuing higher. In that case, a move back toward the 76,000–78,000 zone remains possible.
On the H4 timeframe, Bitcoin remains within a broader uptrend, but recent price action is starting to show signs of short-term weakness. After setting a high around the 77,000–78,000 zone, price has pulled back relatively quickly and is now moving toward the 34 EMA (red).
What stands out is that this time, price behavior differs from previous pullbacks. Instead of holding firmly and bouncing immediately from the 34 EMA, price has briefly moved below it, indicating weakening short-term buying pressure. At the same time, the latest highs are no longer expanding aggressively but are beginning to slope downward—an early sign of fading momentum.
At the moment, the 73,000–73,500 zone (near the 89 EMA – blue) is acting as a key support level. If price holds this area and shows a clear buying reaction, this could simply be a retest within the broader uptrend, helping to “reset” positioning before continuing higher. In that case, a move back toward the 76,000–78,000 zone remains possible.
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Join our group and unlock real-time Forex, gold, and crypto signals — sharp insights, fast alerts, and opportunities you don’t want to miss.
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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.