Signal BTCUSD Buy — H4 - July 8, 2026 04:31 GMT-4
Bitcoin (BTCUSD) on H4 timeframe shows a strong bullish setup. The recent price action has been characterized by a series of higher closes, with the last candle closing at 62583.4 after a consolidation phase. The prior high of 62876.7 acts as key resistance, and the close above the 59650.6 low (from earlier candles) suggests a potential reversal. Volume has been moderate, with the latest candle showing 9479, which aligns with the strength of the recent bullish momentum. The price is currently forming a bullish pattern near the 62070.45 level, which could act as a support for further upside. The trend…