# Analysis on the four-hour chart.
# Inside a major bearish price channel (green).
# Inside a sub-bearish price channel (orange).
# At the end of the Wyckoff assembly phase (blue).
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**** Low probability:
= Breaking 30693.63 targeting 21501.
**** Strong possibility:
= From 32278 a rise to the orange trend.
= Crossing the orange trend up, the target is 41629.
= Exceeding 41629, the targeting is the green trend, about 48000.
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Notice:
What impeded the rise of Bitcoin in the past days, China launched a war on Bitcoin mining, and the Fed fixed interest.
# Inside a major bearish price channel (green).
# Inside a sub-bearish price channel (orange).
# At the end of the Wyckoff assembly phase (blue).
------------
**** Low probability:
= Breaking 30693.63 targeting 21501.
**** Strong possibility:
= From 32278 a rise to the orange trend.
= Crossing the orange trend up, the target is 41629.
= Exceeding 41629, the targeting is the green trend, about 48000.
-------
Notice:
What impeded the rise of Bitcoin in the past days, China launched a war on Bitcoin mining, and the Fed fixed interest.