$BTC BTC/USDT 4H — Compression Before the Next Move?
On the 4H timeframe, $BTC is clearly respecting a descending trendline while repeatedly reacting from the same horizontal support.
Structure right now is simple:
• Lower highs are forming
• Resistance trendline remains intact
• Major horizontal support sits around $62K
Price is currently stuck between compression from above and liquidity resting below.
Every bounce is getting weaker.
Every rejection from the trendline confirms sellers are still in control short term.
The key level to watch is $62K.
Why?
Because that’s where: • Previous deman