$BTC
BTC 4H Chart Update
Bitcoin (BTC) is currently consolidating on the 4-hour timeframe after recent volatility. The price is trading within a range, showing signs of indecision between bulls and bears.
Support Zone: $66,200 – $65,500. A breakdown below this level could open the door for further downside.
Resistance Zone: $67,800 – $68,400. A clear breakout above this range may trigger a bullish continuation.
Market Structure: BTC is forming lower highs, indicating potential bearish pressure in the short term unless bulls regain control.
Watch for volume confirmation on either side before entering new positions. Patience is key during consolidation phases.
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