Bitcoin 4H Chart Analysis & Prediction

Key Observations:

1. Price Action:
- The price is trading near $91,575, following a significant sell-off with large red candles.
- There is a small bounce after tapping into a green demand zone, suggesting potential short-term support.

2. Support & Resistance:
- Strong Resistance:
- $93,927
- $94,675 - $95,109 (cluster zone)
- $96,118 - $96,756 (major resistance)
- Support Levels:
- The current green zone around $91,000
- If broken, next support appears closer to $89,000-$88,000.

3. Liquidation Levels (Circles on the Chart):
- The large orange and blue circles represent high liquidation points. The orange circles above signal potential resistance as trapped longs may sell into rallies.
- The blue circles below suggest liquidity that could attract further downside moves.

4. RSI (Relative Strength Index):
- RSI sits around 24.5, in deep oversold territory, suggesting a potential bounce or consolidation.
- However, RSI can remain oversold during strong downtrends.

5. Momentum Indicators:
- Market Cipher B-like signals:
- Green dots at the bottom, indicating potential bottom formation or relief bounce.
- The momentum waves are still pointing downward but could flatten if buyers step in.
- Bearish Divergence: Still visible in previous moves, so bulls need confirmation before a trend reversal.

6. Money Flow Index (MFI):
- Negative flow continues, showing capital leaving the market, adding bearish pressure.

Scenarios & Predictions:

⚡ Scenario 1: Relief Bounce (Bullish Short-Term)
- If the $91,000 support holds and RSI recovers from oversold, we could see:
- Target 1: $93,927
- Target 2: $94,675 - $95,109 (key decision zone)
- A break above $95,109 with volume could push towards $96,756. However, rejection is likely given heavy liquidity above.

⚡ Scenario 2: Breakdown (Bearish Continuation)
- If $91,000 fails, expect a sharp decline toward:
- Target 1: $89,000
- Target 2: $88,000
- Momentum and money flow indicators still favor this scenario unless buying volume spikes soon.

Overall Bias:
- Short-term neutral-to-bearish, with potential for a relief bounce.
- Watch for volume confirmation and RSI divergence on lower timeframes before entering long positions.

🕵️Key Levels to Watch:
- $91,000: Immediate support.
- $93,927 - $95,109: Short-term resistance cluster.
- $89,000 - $88,000: Next downside target if the current support breaks.

⚡ Final Note:
The market is showing exhaustion signs but needs confirmation for a reversal. If Bitcoin doesn’t hold the current level, the liquidity below could drive another sell-off. Always manage risk carefully—especially with heavy liquidity zones nearby.