$BTC The retreat, which began with the statements from the Fed Chair yesterday, continues.


Currently, it is trying to hold in the blue box area. No buying candles have formed yet.
In the 4-hour time frame, we will follow the 63,707 bottom; if it holds, the upward potential continues.
In the rise, the 67,500 level is resistance; if it stays above, it can test the 74,000-75,000 resistances.
As long as the stability above the 74,569 peak is not established, the possibility of a decline still exists.
If the upward movement continues, the next resistances are 82,885 - 98,000 - 109,000-107,000 regions.
There is a strong resistance in the 109,000-107,000 zone. If it cannot be surpassed, a decline may occur again.
In deep declines, the 60,000 level must be maintained. Otherwise, the decline will deepen further.
The decline may continue towards the support levels of 55,000-50,000.
BTC-1.89%
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