BTCUSDT 4H Update
As expected, we moved from 55K to support at $ 52600, 51K and 49K, and now we see a pullback in the 15-minute timeframe. Due to a few 4-hour Bearish time candlesticks, if Bitcoin can't keep itself above 51K, we will still move towards lower supports (red supports), which are 48K and 45K, respectively. Although we are currently in a very good support area and we are witnessing Bullish Divergence RSI indicator in 4 hour time and also in one hour time we are witnessing oversold and sales pressure due to the fundamental news that was published last night, we have to wait a bit To lower the fears and greed of market capitalists and see how Bitcoin reacts to the support levels ahead.
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