BTC 4 HR TIME FRAME ANALYSIS 4H Technical Analysis – BTCUSDT.P (Bitcoin Perpetual on Bitget)
✅ 1. Trend Overview:
Current Market Phase: Strong uptrend.
Price has broken multiple H4 BOS (Break of Structure) levels with strong bullish momentum.
The last impulse candle shows a vertical breakout, often a sign of aggressive buyers or FOMO.
🔄 2. Key Structure Zones:
🔵 Demand Zones (Highlighted in Green):
Around 113,700–114,000 → fresh demand zone after last breakout.
Around 108,000–110,000 → mid-level zone from earlier accumulation.
Deeper zone at ~96,000–98,000 → higher timeframe demand (may hold if larger correction happens).
🔴 Supply Zones (No immediate supply shown, but...)
Watch for reaction zones around 118,000–120,000 as psychological resistance.
📍 3. Price Action & Structure:
The current move is parabolic, indicating momentum exhaustion may soon follow.
However, the last CHoCH and BOS signals are clearly bullish, and pullbacks are being aggressively bought.
Short-Term Expectation:
A correction or sideways consolidation may happen near 118,000–119,000.
Best scenario: price pulls back into the 113,700 zone, forming a bullish continuation setup.
🔍 4. Candlestick Patterns:
At the top, the last 2 candles are showing wicks, indicating possible early rejection or take-profit activity.
No confirmed reversal pattern yet (e.g., no bearish engulfing, pin bar, or evening star).
Wait for confirmation if considering a reversal trade.
📉 5. Risk Zones:
If price breaks below 113,700, then correction may deepen toward 110,000 or even 108,000.
Below 108,000 would invalidate the current short-term bullish structure and signal trend weakening.
📌 6. Key Levels to Watch:
Type Price Zone Notes
Resistance 118,500–120,000 Current high zone, psychological barrier
Demand Zone 1 113,700–114,000 Nearest fresh demand
Demand Zone 2 108,000–110,000 Mid support
HTF Demand ~96,000–98,000 Deep liquidity + structural demand
✅ Conclusion:
Market is in a strong bullish trend on the 4H chart.
Wait for a healthy pullback to demand zones before considering new longs.
Watch for bearish candlestick confirmation (like engulfing or M-structure) near highs for possible short-term reversals.
⚠️ Disclaimer:
This is not financial advice or a trading signal.
It's purely educational analysis.
Always trade based on your personal strategy and risk management. BITGET:BTCUSDT.P
