July 29, 2026

BTCUSD H4 Potential Bounce | 3rd March 2022

BTCUSD H4 Potential Bounce | 3rd March 2022

BTCUSD H4 Potential Bounce | 3rd March 2022

BTCUSD H4 Potential Bounce | 3rd March 2022

Bitcoin/U.S. Dollar FX:BTCUSD
FXCM


BTCUSD H4 Potential Bounce | 3rd March 2022

On the H4 chart, price is near our buy entry of 42680 in line with horizontal overlap support and 23.6% Fibonacci retracement . Price can potentially rise to our take profit level at 45417 in line with the horizontal swing high resistance. Alternatively, price may head to our stop loss at 41620 in line with he 50% Fibonacci retracement level. Our bullsh bias is supported by how price is moving above the ichimoku cloud .

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