Bitcoin (BTC) continues to have significant movements on the market, influenced by recent global events. In the 4 -hour chart, we observe patterns that reflect this volatility.

Recently, the cryptocurrency market has suffered a massive settlement of $ 2 billion, due to the announcement of new tariffs by the United States on imports from Mexico, Canada and China. Bitcoin fell 7.5%, reaching $ 91,969, while other cryptocurrencies, such as Ether, also recorded significant falls.

US $ 97 thousand support

Currently, the price of Bitcoin is US $ 97,851, with a variation of +1.1% over the previous closure. The maximum intraordinary value was $ 97,974, while the minimum reached $ 94,747.

In the 4 -hour chart, Bitcoin presents the following critical points:

• Resistance: US $ 99,500
• Support: US $ 97 thousand

The Relative Strength Index (RSI) is a technical indicator that measures the speed and change of price movements. It varies from 0 to 100, and values ​​above 70 indicate overcomparance and below 30, overwheliness. Currently, the Bitcoin RSI is 44.44, suggesting a neutral condition, with no clear signs of overcomparance or over -turn.

What to expect from Bitcoin?

Bitcoin continues to try to recover after a period of strong volatility, but still faces resistance at $ 99,500. To confirm a high trend, the asset needs to break this barrier and support levels over $ 100,000. The RSI indicates a balanced market, with no clear signs of over -compliance or overwheliness, suggesting that the price can consolidate before a more significant movement.

However, if the buyer volume increases, Bitcoin can seek new local maximums, targeting $ 102,000. However, if you lose support at $ 97,000, you can revisit lower levels, such as $ 95,000 or $ 93,000. Investors should closely monitor price reaction at these key levels to evaluate possible entry opportunities.