As you can see from the chart Bitcoin and the 4-Hour time frame is reaching a pivotal point if this doesn't hold will likely retest the parallel channel. This is not investment ideal do your own research
This is only an idea.
Looks like btc took support from the 50%fib retracement which is where it normally does on a correction. I'm staying out until daily close above 43200. If that doesn't hold expect a drop to long term trend line established March of 2020.
Please If you like my idea leave a comment.
axie triple bottom let's goooo. resistance and support marked on chart. will we make a run to ath? let's hope btc stays bullish. not a financial advisor do your own research. the king paves the way. always use low leverage. always use stop loss and have an exit strategy. good luck and like/follow if you liked my chart.
looks like bitcoin found support at the .5 fib. and it happens to be right at the falling wedge trendline. 1st resistance is marked on the chart. good luck and happy trading. not financial advice. please leave a comment or like.