BTCUSD

uick Analysis of Your Chart (BTC 4H)
📉 Bearish Scenario (more likely)

Your chart suggests a possible completed Ending Diagonal.
Price is near the upper wedge resistance, which often leads to a reversal.

What could happen next:

A → first drop
B → small pullback
C → final drop

Possible targets:

66k (first support)
65k
63k–64k (strong support / start of the diagonal)

➡ This is also what the indicator on your chart is suggesting.

📈 Bullish Scenario (alternative)

If price:

breaks above the upper yellow trendline
closes above ~70k

Then the diagonal could be invalidated, and the uptrend may continue.

Possible targets:

72k
74k
78k

✅ Quick Summary

📉 More likely now
→ ABC correction toward 64k–65k

📈 If price breaks 70k
→ continuation toward 72k–78k.