$BTC

The BTC/USDT 4-hour chart from Binance shows a strong upward trend beginning after a low of 74,508 on April 9, 2025. Since then, Bitcoin rallied steadily, peaking at 94,696.05 before a slight correction to the current level around 92,156.10. This recent retracement suggests consolidation after a bullish breakout.

Support and Resistance Levels:

Support: Around 86,822 and stronger at 82,381, where previous consolidation occurred before the breakout.

Resistance: The recent peak at 94,696.05 acts as the immediate resistance.

The overall trend remains bullish, given the higher highs and higher lows pattern, although the current pullback needs monitoring. If the price holds above 86,822, it could indicate a potential continuation of the uptrend. A break below this level might shift sentiment bearish in the short term. Volume remains significant, signaling strong interest and potential volatility ahead.