Bitcoin
Short

BTCUSD 4-Hour Timeframe Analysis

116
Current Price: 97,840
Support Level: 95,059
Resistance Level: 99,000
Next Support Level: 92,200
Next Resistance Level: 103,500

Bullish Scenario: If the price breaks above the 99,000 resistance level with strong volume, consider entering a long position with a stop-loss order below the 95,059 support level. If the price further breaks above 103,500, adjust your stop-loss accordingly.
Bearish Scenario: If the price breaks below the 95,059 support level, consider entering a short position with a stop-loss order above the 99,000 resistance level. If the price further breaks below 92,200, adjust your stop-loss accordingly.
Range Trading: If the price remains within the 95,059 - 99,000 range, consider range trading strategies, such as buying at support and selling at resistance.

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