$BTC giving wick on its 4H support 57,500 at trend line as marked in below picture. Which is also a retracmemt zone of Descending triangle Break out.
If BTC breaks down this support zone then you will see BTC soon at 54,000-55000 range .also BTC has given EMA 50 break down today at 4H chart , If BTC again faces rejection from 58300 (EMA 50 ) then BTC probably comes back to retest its supoort at 57,500 and will break the support zone.
My 4H bottom support is at 54,400 . I hope BTC will hold its support at 57,500 and we will see BTC above 61k soon.
