BTCUSDT – 4H Chart Update.
Price is still inside a descending channel
Strong sell-off again from trendline + Ichimoku cloud Current Price: ~87,200
Strong Support: 84,600
Next Support: 82,200 if 84.6k breaks
Resistance: 88,800 – 89,500
Major Supply: 93,500 – 94,000
Hold above 84,600 → range bounce possible
Break below 84,600 → bearish continuation risk
Trend flips bullish only above descending trendline + cloud
⚠️ Market still corrective. Wait for confirmation — no FOMO.
Price is still inside a descending channel
Strong sell-off again from trendline + Ichimoku cloud Current Price: ~87,200
Strong Support: 84,600
Next Support: 82,200 if 84.6k breaks
Resistance: 88,800 – 89,500
Major Supply: 93,500 – 94,000
Hold above 84,600 → range bounce possible
Break below 84,600 → bearish continuation risk
Trend flips bullish only above descending trendline + cloud
⚠️ Market still corrective. Wait for confirmation — no FOMO.
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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.