Welcome folks to this important update on BTC in 4 hours time frame.
BTC just got rejected from the $44k to $46k resistance level. It has also got rejected from the 21 MA in the 4 hours TF but in the 8 hours TF, it is at the support. However, this rejection will possibly drop the price up from $41k to $42k. If we go according to the rising wedge pattern then its drop levels should be between $39k to $40k.
This is the possible scenario as of now.
BTC just got rejected from the $44k to $46k resistance level. It has also got rejected from the 21 MA in the 4 hours TF but in the 8 hours TF, it is at the support. However, this rejection will possibly drop the price up from $41k to $42k. If we go according to the rising wedge pattern then its drop levels should be between $39k to $40k.
This is the possible scenario as of now.
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