🚨* $BTC UPDATE* 🚨
If we look at price action, Btc has faced rejection from marked BB(Breaker Block) and above it is a 4hr FVG which is also a strong resistance for btc. Moreover Btc has trendline resistance and currently price is taking support from Marked 4hr FVG
If we analyse the statistics, we see that sellers are in control right now and buyers are still struggling to push the price up and have failed to do it many times
Right now price is just consolidating at the support area and we can see a little bit upward recovery in it around 88.5k-89.5k but as you know, sellers are dominating right now so we can expect more selloff in it below the 4hr FVG, but first a little bit recovery is possible.
In order to be fully bullish we need a daily close above 92200
