♦️♦️: BTC 4H Chart Update: Testing Critical Support 📉♦️♦️🤞
💗The 4-hour chart for
$BTC shows a clear bearish momentum. After the recent rejection from higher levels, the price is now testing the crucial support zone around the $60,700 - $61,300 area.
Key Observations:
1. Bearish Structure: Lower highs and lower lows on the 4H timeframe confirm that sellers are in control.
2. Support Pressure: The current zone is vital. A breakdown below $60,700 could open doors for further downside toward the psychological support levels.
3. Volume: Pay close attention to volume as we approach this floor. L