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#BitcoinBouncesBack
📊 Chart Analysis (BTC/USDT 4H)
Pair: Bitcoin / Tether
The market is still in an uptrend (uptrend) as seen from the red trendline
Several BOS (Break of Structure) have occurred → indicating buyers are still dominant
A CHoCH (Change of Character) appears in the upper area → indicating a potential change in direction / retracement
The price is currently retesting the supply zone around 76K – 78K
There are important zones:
🔴 Supply (strong resistance): 78K
🟢 Demand (strong support): 74K – 70K
👉 Meaning:
The market is still bullish, but it is pulling back / consolidating before determining the next direction.
$BTC