Pair: #bitcoin

Time frame: 4h

Trend: Downtrend ⬇️

Momentum: Bearish ⬇️

Volatility: Negative ❌

Volume: Heavy Selling ❌

Candle Strength Score: 4.4 "Weak"

Range: Within accumulation area

Direction prediction: %52 ⬆️

Supports

106.250$ : Balance level

104.687$ : Accumulation lower band

103.125$ : Strong support

100.000$ : Very strong support / Buying level

98.437$ : Oversold area 1 / Buying opportunity level

96.875$ : Oversold area 2 / Buying opportunity level

Resistances:

107.812$ : Accumulation upper band

109.375$ : Strong resistance

112.500$ : Very strong resistance / The strongest area that must be broken for the bullish structure to continue.

114.062$ : Overbought area 1 / This level is important both for the continuation of the bullish movement and for risk reduction take profit level

115.625$ : Overbought area 2 / This level is important both for the continuation of the bullish movement and for risk reduction take profit level

Friends, since the Bitcoin and Ethereum outlook I share daily is in the 4h time frame, short and medium-term fluctuations may occur. That is, there may be movements in the opposite direction after I share the current situation. This is normal; it is healthiest to update every 4 hours to have control over all changes. However, these shares are made to help you make easier decisions by seeing the current situation throughout the day.

Many people, especially those who have been following me for a long time, are aware of most of these and the many possibilities that can occur, but I wanted to remind especially the newcomers about this. The reason I share in 4h is that in a previous survey you requested the most medium-term, meaning 4h analysis.