#btc is above the resistance at 56218, but when we look at the 4-hour candles, the strength of the rise seems to have diminished. A correction may come from here or from the next resistance, which is the 61155 level, which is the fib 0.618 correction level of the entire decline.
These levels are generally decision zones. It gives us a signal with the reaction it gives at this level of resistance whether the rise will continue or not. When it breaks, the rise may continue.
In declines, the possible support levels are 48103-43435-38567 and the blue box below.
When we receive a return confirmation at any of these supports, at least 40%-60% of the entire decline will increase.
When we look at the big picture,#btccontinues in an uptrend. These movements appear as corrections of the rise.