📉 BTC/USDT 4H Technical Analysis – July 29, 2025 On the 4-hour chart of Bitcoin, the price has dipped below the 0.382 Fibonacci level (118.325$). The red ascending trend support is also being tested. Caution is advised in the short term. 🔻 Support Levels: 116.861$ (0.5 Fib) – Critical support 115.397$ - 115.000$ (0.618 – 0.65 Fib) – Taker zone 113.313$ (0.786 Fib) – Last line of defense 🔺 Resistance Levels: 119.690$ (0.272 Fib)123.064$ ( peak level )125.028$ – Major resistance 📌 In summary: If the price dips below 116.800$, the decline may deepen. However, the 115.000$ zone should be monitored as strong support. Above, closes above 119.700$ may restore hope for the bulls.
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📉 BTC/USDT 4H Technical Analysis – July 29, 2025 On the 4-hour chart of Bitcoin, the price has dipped below the 0.382 Fibonacci level (118.325$). The red ascending trend support is also being tested. Caution is advised in the short term. 🔻 Support Levels: 116.861$ (0.5 Fib) – Critical support 115.397$ - 115.000$ (0.618 – 0.65 Fib) – Taker zone 113.313$ (0.786 Fib) – Last line of defense 🔺 Resistance Levels: 119.690$ (0.272 Fib)123.064$ ( peak level )125.028$ – Major resistance 📌 In summary: If the price dips below 116.800$, the decline may deepen. However, the 115.000$ zone should be monitored as strong support. Above, closes above 119.700$ may restore hope for the bulls.
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