On the 4Hr chart, #BTC is still moving inside a clean bearish flag, and price is now pressing into the upper trendline — a zone where rallies typically slow down. This makes it a spot where long positions should stay alert, because rejection here can send price right back toward the lower boundary of the channel.
Yesterday’s strong push likely came after the Vanguard-related excitement, injecting momentum right when price tapped the lower trendline. That liquidity sweep gave bulls enough fuel to drive #Bitcoin toward 93,000, where we sit now.
From here, two scenarios matter: • If price breaks and holds above the upper trendline, the bearish flag loses strength and a broader shift toward bullish continuation opens up. • If price gets rejected, expect a rotation back to the lower trendline, and alts would cool off quickly.
Maintain a cautious stance — good trades come from patience, not chasing.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$BTC 4Hr Chart Outlook
On the 4Hr chart, #BTC is still moving inside a clean bearish flag, and price is now pressing into the upper trendline — a zone where rallies typically slow down. This makes it a spot where long positions should stay alert, because rejection here can send price right back toward the lower boundary of the channel.
Yesterday’s strong push likely came after the Vanguard-related excitement, injecting momentum right when price tapped the lower trendline. That liquidity sweep gave bulls enough fuel to drive #Bitcoin toward 93,000, where we sit now.
From here, two scenarios matter:
• If price breaks and holds above the upper trendline, the bearish flag loses strength and a broader shift toward bullish continuation opens up.
• If price gets rejected, expect a rotation back to the lower trendline, and alts would cool off quickly.
Maintain a cautious stance — good trades come from patience, not chasing.