📊 BTC/USDT Technical Analysis (4H Timeframe)
✅ Bullish Scenario (Break Above $83,779)
If BTC breaks and holds above $83,779, expect a move towards $87,826 – $90,000.
A breakout above $90,000 could push BTC towards $95,000 again.
❌ Bearish Scenario (Rejection at $83,779 & Drop Below $79,732)
If BTC fails to break $83,779 and drops below $79,732, expect a move back to $76,606 – $75,000.
Current Price: $83,208.37 (+0.39%)
24h High: $83,900.00
24h Low: $79,939.90
24h Volume: 2.09B USDT
📈 Key Support & Resistance Levels
Major Resistance: $87,826
Current Resistance: $83,779
Current Price: $83,208
Major Support: $76,606
🔹 Market Structure Analysis
BTC bounced from $76,606: A strong rebound after testing this support.
Key Resistance at $83,779: If BTC breaks this level, it could push towards $87,826.
Lower High Formation: BTC is still under bearish pressure until it breaks above $87,826.
🔮 Possible Scenarios
📌 Trading Strategy
📈 Bullish Trade (If BTC Breaks $83,779)
Entry: Above $83,800
Target: $87,826 → $90,000
Stop-Loss: Below $82,500
📉 Bearish Trade (If BTC Fails at $83,779 & Drops Below $79,732)
Entry: Below $79,700
Target: $76,606 → $75,000
Stop-Loss: Above $81,000
⚠ Key Takeaways
🔹 BTC is attempting recovery after a bounce from $76,606.
🔹 $83,779 is a key resistance—a breakout could lead to $87,826+.
🔹 A failure to break $83,779 could send BTC back to $79,732 – $76,606.
🔹 Watch for volume confirmation and trend strength before trading.
Trade wisely and always use stop-loss to manage risks! 🚀📉