BTC/USDT 4H Chart Analysis !!Current Price: $83,809
The chart shows a symmetrical triangle pattern, indicating a possible breakout soon.
Upper Resistance: Around $86,000
Lower Support: Around $82,000
Key Support Levels: $79,183 and $78,424
Bullish Breakout (Green Arrow)
If BTC breaks above the resistance trendline (~$86K), it could see a strong move towards $90K-$92K.
Confirmation would be a candle close above $86K with volume.
Bearish Breakdown (Red Arrow)
If BTC loses the support trendline (~ GETTEX:82K ), it could drop towards $79K-$78K.
The candle closing below GETTEX:82K could fuel further selling.
Market Sentiment:
Fear & Greed Index: 28 (Fear) – Investors remain cautious.
The direction of the breakout will depend on market sentiment and volume.
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