Btc 4 hour chart.

1) Btc has formed a descending Triangle in 4 hour chart.

2) Area of support is 25800$ and the trendline showing is acting as a resistance, once broken and btc gives closing outside of it, then we can expect the price to test first Resistance of 26800$.

3) Right now close attention should be paid on funding rates as they will decide where market will go. Right now they are negative

4) Strong area of Support and Resistance were told in previous updates.