Bitcoin price failed to take off 4650-4750 resistances, trying to build double top pattern on 4 hour chart, though on 1 hour chart double top pattern created thats indicating a short term postential selloff, technical indidcater showing half way signals either btc value can crush possible resistance or once again test it bottom support by falling below 4500$.
On 4 hour chart, 4200$ looking a very strong support rright now, if it will fall below this support, we might see a huge drop, if we talk about resistance, 4650-4750$ are both standing as mojor resistance to the way of ATH 5000$, breaching of these resistance could increase energy of btc move, in short these resistance will decide btc can reach its ATH Or not.....
Trend Lines marked on chart
Good Luck!!!!!
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