Technical analysis by Arthur_FXMaster about Symbol BTC: Sell recommendation (1/4/2026)

BTC/USD 4-hour chart a bearish outlook within a tightening symmetrical triangle pattern. Bitcoin is currently trading near $91,257, facing immediate resistance from a descending trendline and a "Liquidity Sweep" zone. Key Technical Observations: Resistance: A "Strong Resistance zone" is identified at $93,682. The price recently failed to sustain momentum above the $92,000 level, suggesting a potential rejection at the upper trendline. Market Structure: Despite previous "Break of Structure" (BoS) signals to the upside, the presence of a "CHoCh" (Change of Character) indicates a shift in momentum. Demand Zones: Multiple support levels are identified between $84,000 and $90,000. Forecast: The projected path (purple arrow) anticipates a rejection from the current levels, leading to a breakdown toward the lower ascending trendline around $87,000. Summary: The bias remains cautious. A failure to break $93,682 confirms a bearish retracement toward the $87k–$88k demand zones. Would you like me to analyze the specific volume indicators shown at the bottom of the chart?