BTCUSD on the H4 timeframe has rejected a major resistance zone and is showing clear signs of weakening bullish momentum. Price is currently trading around 63,088, below the nearby resistance area, while the bearish order block and descending structure suggest that sellers are gaining control.
The projected price path indicates further downside pressure if BTC remains below the 64,300 resistance zone. A confirmed bearish continuation could push price toward the marked support levels, while a strong reclaim above resistance would weaken the current bearish setup.
📌 Key Levels
- 🔴 1st Support: 62,301
- 🔴 2nd Support: 61,727
- 🔴 3rd Support: 61,159
- 🟢 Resistance Zone: 64,300 – 64,500
- 🟢 Major Resistance: 65,100 – 65,350
💡 Technical Key Points
- BTC is trading below the major resistance zones, keeping the short-term structure bearish.
- The bearish order block and rejection from resistance indicate that sellers remain active.
- A sustained move below 63,000 could increase downside momentum toward 62,301.
- A break below 62,301 could expose the next support at 61,727.
- Further downside could extend toward the 61,159 support level.
🔴 Bearish Scenario
If BTC remains below the 64,300–64,500 resistance zone and continues to trade below 63,000, the bearish structure could remain in control. In this scenario, traders may watch 62,301, 61,727, and 61,159 as potential support areas.
⚠️ Invalidation
A strong H4 close above the 64,300–64,500 resistance area could invalidate the immediate bearish scenario and indicate that buyers are regaining control.
Market View: BTCUSD remains bearish below the 64,300–64,500 resistance zone. A sustained break below 63,000 could strengthen downside momentum, while a strong H4 close above resistance would weaken the bearish outlook.
⚠️ Risk Warning: Technical analysis does not guarantee future price movements. Cryptocurrency markets can experience significant volatility and rapid price changes. Traders should use appropriate risk management and consider market conditions before making trading decisions.



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