Bitcoin 4-hour chart showing solid momentum continuation above the 86438 level. Price is currently approaching the Ichimoku cloud, which typically acts as a key resistance/support zone. The setup displays a Type 2 Bullish cypher pattern alongside bullish divergence signals, while money flow indicators remain in rising territory. These technical confluences suggest accumulation pressure at current levels. Traders monitoring the 4hr timeframe should watch how Bitcoin engages with the cloud zone - a clean break above could signal further upside potential, while rejection might test the established support structure.

BTC0.64%
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ChainWallflowervip
· 19h ago
Yun is up to something again, let's see if we can make a clean breakthrough today.
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MentalWealthHarvestervip
· 19h ago
The cloud over there is going to stir again; whether it breaks or not, 86438 is the way to go.
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GateUser-7b078580vip
· 19h ago
Data shows that we have to wait a little longer at the 86438 level. I have analyzed the Ichimoku cloud on an hourly basis, and it has been similar during historical lows. Although the divergence signal is bullish, the miners cannot bear the high gas fees. The observed pattern is that breaking through is easy, but holding is difficult. An unreasonable mechanism ultimately determines that it will still collapse. Let's wait patiently.
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FudVaccinatorvip
· 19h ago
The level of 86438 really needs to be defended, otherwise we will have to go back to the previous support level.
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