#Bitcoin $BTC 4H Chart Analysis & Prediction

1. Price Action:

- The price is trading near $91,575, following a significant sell-off with large red candles.

- There is a small bounce after tapping into a green demand zone, suggesting potential short-term support.

2. Support & Resistance:

- Strong Resistance:

- $93,927

- $94,675 - $95,109 (cluster zone)

- $96,118 - $96,756 (major resistance)

- Support Levels:

- The current green zone around $91,000

- If broken, next support appears closer to $89,000-$88,000.

3. Liquidation Levels (Circles on the Chart):

- The large orange and blue circles represent high liquidation points. The orange circles above** signal potential resistance as trapped longs may sell into rallies.

- The blue circles below suggest liquidity that could attract further downside moves.

4. RSI (Relative Strength Index):

- RSI sits around 24.5, in deep oversold territory, suggesting a potential bounce or consolidation.

- However, RSI can remain oversold during strong downtrends.

5. Momentum Indicators:

- Market Cipher B-like signals:

- Green dots at the bottom, indicating potential bottom formation or relief bounce.

- The momentum waves are still pointing downward but could flatten if buyers step in.

- Bearish Divergence: Still visible in previous moves, so bulls need confirmation before a trend reversal.

6. Money Flow Index (MFI):

- Negative flow continues, showing capital leaving the market, adding bearish pressure.

Scenarios & Predictions:

⚡ Scenario 1: Relief Bounce (Bullish Short-Term)

- If the $91,000 support holds and RSI recovers from oversold, we could see:

- Target 1: $93,927

- Target 2: $94,675 - $95,109 (key decision zone)

- A break above $95,109 with volume could push towards $96,756. However, rejection is likely given heavy liquidity above.

⚡ Scenario 2: Breakdown (Bearish Continuation)

- If $91,000 fails, expect a sharp decline toward:

- Target 1: $89,000

- Target 2: $88,000