BTC/USDT 4 HOURS TIMEFRAME ANALYSIS

- Price is likely start retracement or consolidation soon,

- The consolidation will happen within the 69K and $60k zone.

- Price is also forming an ascending Triangle

As I mentioned in my 1 Day timeframe analysis, If price surpasses the previous ATH, it may find resistance between $80k and $90k.

Commentaire:

- I did this yesterday, it's not too late to use. Price is reacting as expected.

- The last candle (A bearish pinbar) on the four hours TF despite it created a new All Time High is a sign that retracement may begin