Bitcoin 4-hour chart is setting up an interesting formation. Price action is approaching a critical level that could determine the next directional move. The structure suggests traders should watch for potential breakout signals in the near term. Key resistance and support zones are becoming more defined as we approach this confluence area.
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.
22 Likes
Reward
22
8
Repost
Share
Comment
0/400
ForkYouPayMe
· 1h ago
Coming back with this again? I just want to know if this time it's a real breakdown or if we're going to be trapped again.
View OriginalReply0
Ramen_Until_Rich
· 01-03 03:29
Here we go again with this set: confluence area, breakout signal. I've heard it a thousand times, but it still only counts once the breakout occurs.
View OriginalReply0
DAOdreamer
· 01-02 16:51
Wait, is it breaking below again this time? I looked at the 4-hour chart, and I feel like every time I say that, but what’s the result?
View OriginalReply0
WalletAnxietyPatient
· 01-02 16:43
It looks like it's going to break again, this time it's really fake, I'm a little panicked...
View OriginalReply0
CountdownToBroke
· 01-02 16:42
Bankruptcy countdown, watching the chart every day until my eyes hurt... What's the key level again? Last time I mentioned a key level, and it directly broke through.
View OriginalReply0
HorizonHunter
· 01-02 16:42
Hmm... waiting for the breakdown again. Hopefully this time it won't retrace...
View OriginalReply0
LiquidatedThrice
· 01-02 16:40
Waiting for the breakdown again. These technical analyses are all over the place. Last time, I looked at it this way, and it was directly smashed through.
View OriginalReply0
DuckFluff
· 01-02 16:38
Here we go again, always talking about "critical level," and what happens? It just gets knocked down again.
Bitcoin 4-hour chart is setting up an interesting formation. Price action is approaching a critical level that could determine the next directional move. The structure suggests traders should watch for potential breakout signals in the near term. Key resistance and support zones are becoming more defined as we approach this confluence area.