๐จย $BTC 4H UPDATE
๐ The 4H chart remainsย bearish, with price still respecting the descending trendline.
๐ However, theย higher time frames remain bullish.
๐ฏ So far,ย 1 of 4 retracement targetsย has been reached.
There are several reasons why BTC could continue lower and test theย next retracement zonesย before making another strong move higher.
๐ย Could we see a reload firstโฆ and then go? ๐
Stay patient. Let the setup play out.