BTC/USD 4H Market Structure AnalysisBitcoin / U.S. dollarBITSTAMP:BTCUSDJohnOscar_Market_Structure📊 BTC/USD 4H Market Structure Analysis 🧭 1️⃣ Macro Structure: Bearish Context The chart clearly shows a strong impulsive downtrend from the highs near $98,319 (Resistance). 🔻 We observe: Series of lower highs (LH) Series of lower lows (LL) Strong momentum breakdown into early February This confirms that the primary market structure remains bearish. 📦 2️⃣ Current Phase: Range / Consolidation Price is now trading inside a well-defined range: 🧱 Resistance (Range High): ~ $72,000 🛡 Support (Range Low): ~ $59,290 💰 Current price: ~$63,135 This is a classic post-impulse consolidation zone. What This Means: After a strong sell-off, the market is: Absorbing supply Building liquidity Preparing for expansion Range behavior suggests accumulation or distribution before the next major move. 🛡 3️⃣ Key Support: $59,290 This is a critical structural level. If price: ✅ Holds → Potential bounce toward range highs ($70K–$72K) ❌ Breaks with momentum → Continuation toward new lows likely A clean breakdown below support would confirm bearish continuation and invalidate short-term bullish scenarios. 🎯 4️⃣ Short-Term Projection (As Drawn on Chart) The blue projection suggests: Liquidity sweep below recent lows Reaction from support Rally toward mid-range or range high This would be a typical: 🔎 Liquidity grab 📈 Short-term mean reversion Before deciding the next major move 🔍 5️⃣ Volume & Structure Insight (Professional View) This consolidation has: Weak upward impulses No strong bullish break of structure (BOS) Repeated rejection near range highs This behavior favors: ⚠️ Bearish continuation unless $72K breaks decisively. 📈 Bullish Scenario For bullish confirmation, we need: 🔼 Strong 4H close above $72,000 Followed by higher high formation Reclaim of broken supply Target zones: $76K $80K Then macro resistance near $98K Probability: Lower unless structure shifts 📉 Bearish Scenario (Higher Probability) If support fails: First target: $55K Then potential extension toward $50K–$48K Momentum continuation toward macro liquidity This aligns with: Existing downtrend Lack of bullish structure Weak recovery legs 🧠 Professional Conclusion 📌 Macro Trend: Bearish 📌 Current Phase: Range Consolidation 📌 Key Decision Zone: $59,290 📌 Bias: Slightly Bearish until proven otherwise This is a classic: “Range inside a downtrend” — typically continuation structure.