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$BTC Breaking above the 1-hour 200 MA (First image)
$BTC Facing resistance at the 4-hour 200 MA (Second image)
If the price cannot break above the yellow 200 MA on the 4-hour chart and then drops below the 1-hour 200 MA,
we may see the $59,763 level. The target is approximately until a breakout occurs.
Below the 4-hour 200 MA is a bearish signal.
Let's see if the 1-hour MA 200 can hold as support. 👀
A series of bearish divergences have accumulated on the 1-hour RSI that warrant attention.
This indicates the momentum is weakening.
NFA, DYOR ⚠️
#Giao E2@translate #BTC