Bitcoin trades near $91054.6 on the 4-hour chart after a strong rally stalled. Price failed near the upper Bollinger Band at $94274.6 and rotated lower.
Volatility expanded on the rejection, then tightened as candles clustered around the 20 EMA at $91429.5. The structure now shows compression between moving averages, signaling a pressure zone where momentum must resolve.
What are the Supports and Resistances
| Level | Price (USD) | Description |
|---|---|---|
| Support 1 | $90569.3 | Major horizontal pivot where buyers defended multiple tests. |
| Support 2 | $89518.2 | Lower Bollinger Band that capped recent downside wicks. |
| Resistance 1 | $91429.5 | 20 EMA acting as near-term dynamic resistance. |
| Resistance 2 | $94274.6 | Upper Bollinger Band and rejection zone from the last swing high. |
FAQ
What Bitcoin price targets should I consider?
Traders watch reactions near $90569.3 and $91429.5. These levels define the current balance area.
Is Bitcoin Bullish?
The broader structure remains constructive, but short-term momentum cooled after rejection near $94274.6.
How do I set stop-loss levels for Bitcoin?
Stops often sit beyond $89518.2, where volatility expands below the lower band.
What are the Bitcoin moving averages indicating?
The 20 EMA at $91429.5 slopes down, while the 50 EMA at $90980.8 and 100 EMA at $90174.4 provide layered support. EMA stacking is tightening.
Should I buy or sell BTC?
This zone favors patience. Price is compressing, and direction is not yet confirmed.
How do Fibonacci levels affect Bitcoin price?
Even without visible retracements, traders align entries near EMA clusters where pullbacks often react.
What does $ETH momentum show?
Funding-rate tone is slightly positive near 0.1, suggesting balanced positioning rather than crowded leverage.
Conclusion
Bitcoin trades inside a tightening range. EMAs are converging, Bollinger Bands are narrowing, and volatility is compressing after a strong expansion. This structure reflects indecision and building pressure, with clear reaction zones defined by $90569.3 support and $91429.5 resistance.
Disclaimer
**The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies presented are the thoughts and opinions of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments; therefore, please conduct your due diligence. Copyright Altcoin Buzz Pte Ltd.**
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