$BTC is being tested.

Currently BTC is trading at a price range of $55,984, there is a slight decrease in price from the previous price of $57,736.

Let's look at BTC on a 4 hour time frame to see BTC's future movements. If BTC is unable to penetrate and close the price of $57,800, then there is a possibility that BTC will correct the price again to the nearest support level, namely $52,000.

If BTC is able to stay at $52,000 then BTC will try to rise back to $56,000. The worst case scenario is that if BTC is unable to stay at $52,000 then we will see $48,000.

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