Hi friends, welcome to four hourly bitcoin chart update as u can see price reject the ascending channnel support line as well as 20 sma line in red not a good sign for bitcoin upward rally price is struglling at 20 sma if t fails to break it can test 50 sma in yellow. MACD and wave trend oscillator are also indicating bearsihsign. let us see what happen ........ This is not a trade advice and only for informational purpose.