BTC - Short term analysis

4 באפר׳

Btc on the LTF (4H) is currently testing the 4H 200 MA. This is important because this moving average acted as support multiplies time before breaking below. Therefore, if we continue to close 4H candles below then we could have much lower to go. But, if we can regain the MA as support again, we could go back to test the highs.