The overall trend for Bitcoin remains bearish in my opinion as multiple support levels are hit in a short period of time
Traders are advised to close all short positions to secure profits, as the price has reached a support level and the price may reverse.
Higher risk appetite traders may consider entering long positions at current market prices as we have confirmation signals from lower time frames
Traders with low risk appetite can consider entering the market when the 4H trend line is broken by a strong bullish candle
