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mcakir73
Sep 22, 2022 7:52 AM

Bitcoin 4 hourly Chart Analysis 

BTCUSDT SPOTBybit

Description

If we zoom in on the 4 hourly charts we can see that we were able to record one GREEN candle in this timeframe. Looks like the second one is on the way. It is nice to see the VRVP levels worked at this timeframe.
As it is true for yesterday's daily candle that 4 hourly has its record of being the most bearish candle of the time. (Bearish+Bullish) I think we can use this candle as a reference for some time until the time FED stops increasing interest rates. :)

You can see the VRVP levels below. (4 Hourly)
Point of Control: 19,817
Value Area High: 23,987
Value Area Low: 18,310
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