BTCUSDT

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BTCUSDT Bitcoin / TetherUSBINANCE:BTCUSDTMARKET_WIZARD1BTCUSD – H4 has rejected the major resistance zone and is showing clear signs of weakening bullish momentum. Price is currently trading around 63,088, below the nearby resistance area, while the bearish order block and descending structure suggest sellers are gaining control. The projected price path indicates further downside pressure if BTC remains below the 64,300 resistance zone. A confirmed bearish continuation could push price toward the marked support levels, while a strong reclaim above resistance would weaken the bearish setup. 🔴 1st Support: 62,301 🔴 2nd Support: 61,727 🔴 3rd Support: 61,159 🟢 Resistance Zone: 64,300 – 64,500 🟢 Major Resistance: 65,100 – 65,350 💡 Technical Key Points: ✅ BTC is trading below the major resistance zones, keeping the short-term structure bearish the bearish order block and rejection from resistance indicate sellers are still active a sustained move below 63,000 could increase downside momentum toward 62,301, followed by 61,727 and 61,159. ⚠️ Invalidation: A strong H4 close above the 64,300–64,500 resistance area could invalidate the immediate bearish scenario. ⚠️ Disclaimer: This analysis is for educational purposes only and is not financial advice.