Abdulmalik-yemen
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Technical analysis for the 4-hour time frame BTC
$BTC
🔍 Technical analysis for Bitcoin (BTC/USDT)
📊 Time frame: 4 hours
💰 Current price: 119,669 USDT
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✳️ Technical points and professional analysis:
1. 📉 Sharp drop followed by limited rebound:
The currency witnessed a strong break below the 113,000 level after a sudden selling pressure, showing liquidation of positions or a strong support break.
The subsequent rebound came with clear volatility between 116,000 and 118,500 with failed attempts to breach this resistance.
🔍 Technical analysis for Bitcoin (BTC/USDT)
📊 Time frame: 4 hours
💰 Current price: 119,669 USDT
---
✳️ Technical points and professional analysis:
1. 📉 Sharp drop followed by limited rebound:
The currency witnessed a strong break below the 113,000 level after a sudden selling pressure, showing liquidation of positions or a strong support break.
The subsequent rebound came with clear volatility between 116,000 and 118,500 with failed attempts to breach this resistance.
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