TradeCityPro | Bitcoin Daily Analysis #342Bitcoin / TetherUSBINANCE:BTCUSDTtradecitypro👋 Welcome to TradeCityPro! In the previous analysis, we examined Bitcoin on the Daily timeframe and identified the key support and resistance levels. Today, we'll take a closer look at the 4-hour timeframe to better understand the current price action. Today could also be an important day for confirming the continuation of the trend. ⏳ H Timeframe After getting rejected from the $66,756 resistance zone, Bitcoin entered a bearish corrective move. During this correction, price formed a Lower High and a Lower Low, which, according to Dow Theory, signals the continuation of the bearish trend. In addition, yesterday Bitcoin closed below the $63,921 level, while selling volume increased at the same time. This combination raises the probability of further downside and a move toward lower support levels. 📉 Bearish Scenario The most important support level to watch right now is $61,633. Based on the current bearish market structure, price is likely to move toward this level. If we see a suitable short trigger on the lower timeframes—such as a minor low breakout—the bearish scenario can be considered confirmed. 📈 Bullish Scenario At the moment, market momentum remains bearish, and sellers still appear to have the upper hand over buyers. For that reason, the market does not currently offer a favorable setup for opening a long position. For a bullish scenario, it's better to wait for a confirmed bullish market structure and the return of buying momentum, which would reduce the risk of entering a trade. 📝 Daily Bitcoin Analysis Summary For now, the 4-hour market structure continues to favor the sellers. Unless this structure changes, the bearish scenario remains the higher-probability outlook. The $61,633 level is the most important support ahead of price, and Bitcoin's reaction to this area will likely determine the market's next major move. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.