#Bitcoin 4H Chart Analysis – SMC Overview:
$BTC is currently in a short-term downtrend, respecting a descending channel and showing clear bearish structure.
🔴 Bearish Signs:
Price rejected from 2 major Bearish Order Blocks:
▶️ $106K–$104K
▶️ $111K–$109K
Breaks of Structure (BOS) and Change of Character (CHoCH) confirm trend shift to bearish Couldn’t hold the 0.382 Fibonacci level at $104.4K — now testing the 0.5 Fib at $102.2K
🟢 Key Support Zones (Potential Reversal Areas):
1️⃣ $100K Zone
✔️ 0.618 Fib level
✔️ Unfilled Fair Value Gap (FVG)
🔍 Possible bullish reaction from here
2️⃣ $97K Zone
✔️ 0.786 Fib
✔️ Bullish Order Block (OB)
✔️ Another FVG
💥 Strong confluence — good probability of reversal
3️⃣ $93K Zone
✔️ Deep Bullish OB
🛡️ Last strong support if $97K fails
🔼 If bulls reclaim control: We need a clear CHoCH above $104.5K to confirm bullish shift
⚠️ Tip: Mark these zones. Use alerts. Let the price come to you — don’t force trades.
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