BTCUSD consolidation

Looking at the chart on the four-hour time frame, we still see consolidation below $ 60,000 with the increasing pressure of the average movers moving to the bearish side slowly. We can look at the MA200 and EMA200 as next support around $ 56,000 with the bottom trend line's help. Following the MACD indicator, we see that we are slowly moving into the red zone of the indicator by crossing the blue MACD line below the signal line.