BTCUSD Perpetual Contract
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Bitcoin 4H Analysis

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In this 4-hour chart analysis, a descending channel has been outlined as a potential scenario in case the market pulls back.
If Bitcoin corrects, mid-channel support is expected to act as the first reaction zone. Should that level fail, the lower boundary of the channel may serve as the next key support area and potential bounce zone.

Note: This is not financial advice. Always manage your risk and trade based on your own strategy.
Dagangan aktif
If Bitcoin breaks above the channel, there’s a chance it could start a strong bullish move and even print a new ATH!

Penafian

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