BTC Breakdown or Bounce? My 4H Chart Analysis
Bitcoin is moving in a tight range after dropping from the recent peak of $97,865. Right now, it’s holding around $94,219 — but is this a pause or a warning?
Here’s what I’m seeing on the 4H chart:
📉 Price dropped from $97K+ and found temporary support near $93,578
🔻 MACD is still showing bearish momentum (MACD: -101.4)
📊 Volume is strong at 12.14B USDT, indicating big moves ahead
📈 A break above $95K might hint at a bounce — but if $93.5K breaks, watch out below!
My Take:
I'm staying cautious and watching how the price reacts near these key levels. No clear trend reversal yet, but volatility is building!
What’s your move — Buy the dip or wait for confirmation?
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