BTCUSD on trend line

Looking at the chart on the four-hour time frame, we see that Bitcoin is in a narrow space between moving averages. On the upper side, MA20, EMA20, and MA50, while on the lower side, we have support MA200 and EMA200. Below, we can pull the trend line that coincides with the MA200 and EMA200; a break below that zone opens the gates to $ 55,000, and even to the previous low to $ 50,360. Based on the MACD indicators, we see that we are in the bearish zone; the blue MACD line is still below the signal line. As such, the chart is more inclined to a bearish trend.