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BTCUSD4-hourBearish

Bitcoin 4-hour (SMC): sell the 75500–76100 zone

FXFibo editorial · · 1 min read
Summary

The 4-hour structure in Bitcoin is bearish: a bearish break of structure (BOS) at 75475, with price now around 74609. The 75500–76100 area is the main sell zone.

BiasBearishEntry zone75800Stop loss76900Target 173500Target 272550StatusActive
Invalidation: 4-hour close above 76150
Bitcoin 4-hour (SMC): sell the 75500–76100 zone

Main scenario

  • Entry zone: 75500–76100 (around 75800)
  • Stop: 76900
  • Targets: 73500 and 72550
  • Enter after candle confirmation or an aligned CHoCH on a lower timeframe

Alternative scenario

A 4-hour close above 76150 invalidates the main scenario and opens the way to 77432.

Key levels

  • Resistance: 76081, 76144, 77432
  • Support: 73500, 72550, 71000

Market-moving events

  • Tue 10 Nov: US CPI
  • Thu 12 Nov: UK GDP and US jobless claims
  • Fri 13 Nov: US PPI and euro-area GDP
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⚠ This analysis is educational and is not a buy or sell recommendation. Trading financial markets carries the risk of losing capital.