BTCUSD 4H Market AnalysisBitcoinFX:BTCUSDAlvi-1112Market Structure: Bearish (Short-Term) Bitcoin has broken below the 1H support level, confirming a Break of Structure (BOS) on the 4-hour chart. This signals that sellers are gaining control and the recent bullish momentum has weakened. Key Levels Current Price: 62,873 Major Resistance: 64,641 Sell Zone 1: 63,924 Sell Zone 2: 64,393 Primary Bearish Target: 61,164 Major Demand Zone: 60,800–60,000 Technical Outlook After losing the 1H support, BTC is likely to make a pullback toward the broken support, which may now act as resistance. If price rejects from either of the highlighted supply zones (63,924–64,393), it would provide a high-probability continuation setup for sellers. The overall structure remains bearish unless Bitcoin reclaims and closes above 64,641, which would invalidate the current bearish bias. Trading Scenario 📉 Bearish Bias Wait for a retracement into 63,924–64,393. Look for bearish confirmation such as: Bearish engulfing candle Rejection wick Lower high formation Market structure shift on lower timeframes If confirmed, sellers could target: 61,164 (first major target) 60,800–60,000 demand zone (extended target) BTCUSD BTCUSD 4H Analysis: Bitcoin has confirmed a bearish Break of Structure (BOS) after breaking below the 1H support level. A pullback into the 63,924–64,393 resistance zone could offer a strong sell opportunity if bearish confirmation appears. As long as price remains below 64,641, the downside remains favored with 61,164 as the first target, followed by the 60,800–60,000 demand zone. Always wait for confirmation and apply proper risk management before entering a trade.