# Bitcoin Market Analysis (BTCUSDT)

## Quick Summary
**Bias:** Waiting for 4H Confirmation
**Current Structure:** Possible Yellow Wave X Formation
**Confidence:** ★★★★☆ (4/5)
**Status:** Monitoring
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## Market Bias
Neutral Bearish

The lower timeframes have already produced bullish confirmations, while the 4H timeframe is now the key factor that will determine whether Bitcoin begins a larger corrective structure or whether the recent movement was simply noise caused by volatile market conditions.
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## Current Scenario
After Bitcoin made a modest Higher, bullish confirmations appeared on both the **1H timeframe** and the lower timeframes.
My attention now shifts to the **4H timeframe**, which will determine the next major market structure.
As discussed in previous analyses, the entire move from **66.9K to 62.2K** is currently counted as **Yellow Wave W** on the 4H timeframe.
If a valid 4H confirmation appears, it would support the beginning of **Yellow Wave X**, starting the higher-timeframe correction.
Otherwise, the recent movement may simply be classified as a short-term correction caused by recent high-volatility market conditions.
Meanwhile, I continue monitoring the **63.5K–63.9K** lower-timeframe supply zone as the first area where sellers may become active again.
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## Why This Scenario?
• Bullish confirmations remain active on the lower timeframes.
• The 4H timeframe is the key confirmation for the next market structure.
• The first supply zone remains unchanged.
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## Key Levels
🔴 Main Resistance
• 64.6K
• 65.4K

🟢 Targets
• Primary Target: 61.1K
• Extended Target: 59.5K
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## Invalidation
The Yellow Wave X scenario becomes invalid if Bitcoin breaks below **62.2K** again before receiving a valid 4H confirmation.
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## Market Confidence
★★★★☆ (4/5)

Reason:
The lower timeframes already support the bullish structure, while the 4H timeframe will determine the next higher-timeframe wave.
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## Next Update
The next update will be published immediately after:
• A valid 4H confirmation appears.
• A new bearish continuation signal develops.
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💬 What do you think?
Will Bitcoin begin Yellow Wave X, or was this only a temporary correction?

👍 If you found this analysis useful, consider following MAS Crypto Analysis for future Bitcoin updates.

*This publication is intended for educational and market analysis purposes only and is not financial advice.*
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