Bitcoin - Heading lower after hitting resistance?BITCOIN/USD TETHER PERPETUAL SWAP CONTRACTBLOFIN:BTCUSDT.PYouriverseIntroduction Looking at the current 4-hour Bitcoin chart, we can see that price action is moving into a crucial zone. After a strong upward move, Bitcoin has reached an area of resistance where multiple factors align, making it an important level to watch. The chart highlights fair value gaps (FVGs) both above and below, which are key points that could influence the next move. By analyzing these areas, we can form a clearer idea of the potential short-term trend and what traders might expect in the coming days. Bearish 4h FVG resistance and liquidity grab At the moment, price is testing a strong resistance level, which coincides with a 4-hour fair value gap. This area has already absorbed much of the short-side liquidity, meaning that stop losses from traders positioned against the uptrend have been triggered. This liquidity grab often signals exhaustion in the upward move and can serve as the starting point for a retracement. The resistance zone is proving to be difficult to break, and if the market fails to hold above it, we could see a shift in momentum toward the downside. 4h bullish FVG to hold Just below the current price, there is a 4-hour bullish fair value gap that could act as support in the short term. If buyers step in and defend this area, it may temporarily stabilize the market and create a bounce. However, if this support fails to hold, it would open the path for further downside movement. The chart suggests that a break below this level would likely drive Bitcoin toward the next major target around the $112,000 region. This makes the bullish FVG a key decision point for the market. Target for the short If Bitcoin cannot sustain its position above the highlighted resistance zone, the downside target becomes more clear. The lower 4-hour fair value gap, sitting closer to $112,000, is marked as the target for the short. This is where price is likely to be drawn in order to rebalance inefficiencies left behind in the chart. Traders looking for bearish opportunities would see this as the logical area to aim for, as the market often gravitates toward unfilled gaps after liquidity grabs at the top. Final thoughts In conclusion, Bitcoin is currently at a critical point. The resistance area combined with the 4-hour FVG has absorbed liquidity, creating the possibility for a downward move. The short-term bullish FVG below is the level to watch, as a break here could confirm bearish continuation toward $112,000. On the other hand, if buyers manage to hold the current support, the structure may remain intact and prevent deeper downside. Overall, the chart suggests that the path of least resistance may now be lower, unless the market proves otherwise by breaking convincingly above resistance. ------------------------- Thanks for your support. If you enjoyed this analysis, make sure to follow me so you don't miss the next one. And if you found it helpful, feel free to drop a like š and leave a comment š¬, Iād love to hear your thoughts!