$BTC ‌BTC recently saw a sharp pullback after failing to hold the upper zone. Price quickly reacted from the lower area and is now moving sideways, showing that panic selling has slowed down.


Short-term view (1H):
After the drop, BTC is forming a short consolidation range. Price is still below key moving averages, which means recovery is cautious, not aggressive. Buyers are present, but they are waiting for confirmation.
Mid-term view (4H):
The broader structure remains intact as long as the recent low holds. This looks more like a cool-down move rather than a trend breakdown. Volume has decreased, which usually supports range movement before the next decision.
Multi-method confirmation:
Trend: Short-term bearish, medium-term neutral
Momentum: Gradual recovery from oversold
Structure: Range after impulse drop
Future expectation (personal opinion):
If BTC holds above the recent support, a slow grind upward toward the mid-range is possible. A clear break above short-term resistance would strengthen bullish recovery. Losing support may lead to extended sideways action.
⚠️ This is not financial advice. Crypto markets are volatile, and all views are personal opinions only.
BTC-2,34%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
Gazi007vip
· 46m ago
1000x VIbes 🤑
Reply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)