On a four-hour time frame, the situation is still wholly down and negative, but according to the chart's history, in these negative market conditions, we expect a sharp decline and correction, but with all the negative conditions and news, the fall does not occur. The support of 46,000 is still stable. However, we still have the possibility of an upward trend to close to 53,000 again. If the 46,000 support is broken, the two targets of 40,000 and 30,000 will be waiting for Bitcoin.
Note
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