BTC - 4 Hour chart update.
- Price is downtrending in the 4 hour chart and is now trading into some demand.
- Price violated the low at 7199 and formed a minor supply from the move down.
- Price is retesting the minor supply and could continue down from here.
- Bearish until price breaks 7135 unless price forms another high that is then violated.
- Price violated the low at 7199 and formed a minor supply from the move down.
- Price is retesting the minor supply and could continue down from here.
- Bearish until price breaks 7135 unless price forms another high that is then violated.
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