As BTC moved down, BTC.D followed testing perfectly the 4h demand as i warned you previously. We see a huge rejection from that area, plus it is an area of support as BTC.D is still moving in an uptrend respecting the support line. It previously failed to hold above the daily supply and broke through the S/R flip at 46.65%. We are still bullish on BTC.D and expecting it to break through that supply sooner or later.