Bitcoin | Descending Triangle Formation in 4H Chart..!!

#BTC (Update)


In 4h timeframe, Bitcoin is Consolidating in Descending Triangle..!!

Since 4th January, Bitcoin Bulls Defending the Major Horizontal Support (30k) & from last 2 Weeks, Bears are Also Defending the Descending Trendline Resistance (34.8k)

Now, If Bulls Lost the 30k Support, Bitcoin might test the 22.5k Support Area & if Bulls Cleared the Descending Resistance (34.8k), Bitcoin Might Retest the 41k (Previous High).


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