🚨 $BTC 4H UPDATE
📉 The 4H chart remains bearish, with price still respecting the descending trendline.
📈 However, the higher time frames remain bullish.
🎯 So far, 1 of 4 retracement targets has been reached.
There are several reasons why BTC could continue lower and test the next retracement zones before making another strong move higher.
🔄 Could we see a reload first… and then go? 👀
Stay patient. Let the setup play out.