๐Ÿšจ BTC/USDT 4H Chart Breakdown โ€“ Bulls Taking a Breather? ๐Ÿ‚๐Ÿ“‰

Bitcoin is currently trading at $102,895, showing a -1.10% dip in the past 4 hours. After failing to hold above resistance near $106,500, BTC has retraced toward the $102,800โ€“$102,600 support zone.

๐Ÿ” Key Observations:

Price is trading below all key moving averages (MA7, MA25, MA99) โ€” indicating short-term bearish momentum.

MACD is turning negative again, suggesting downward pressure could continue.

Volume has remained relatively steady, but thereโ€™s no strong bullish divergence to hint a reversal yet.

Closest support: $102,664

Resistance: $104,600โ€“105,800 zone

๐Ÿ“‰ If BTC breaks below $102,600 with volume, we may see a deeper correction. But holding this zone could trigger another bounce.

๐Ÿ’ก Patience is key. Don't rush, let the candle tell the story! ๐Ÿ•ฏ๏ธ

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