
Bitcoin (BTC) H4 trend battle is going on right now. Bears have had LTF control for a little over a week and now bulls are putting up an LTF fight. On the H4 chart bears current goal is to maintain bearish market structure and get price to the green box which hasn’t been tested since the end of April. On the H4 chart bulls current goal is to put in a HH which would require getting price (and H4 candle closes) above the $78.5k level. · Open o Daily – $76,767.48 o Weekly – $77,406.57 o Monthly – $76,305.78 · Support o HTF – Green box & $69k o LTF – $75.2k · Resistance o HTF – Blue box o LTF – $82.5k RSI – W1 @ 47 – D1 @ 48 – H4 @ 51
