Hi friends hope you are well, and welcome to the new update on Bitcoin.
In an hourly time frame, Bitcoin is again rejected by $21360 resistance and even broke down the previous support of $20800. Now BTC is moving between the $20500 to $20800 range.
On a 4-hr time frame, after breaking out an inverse Head $ Shoulder pattern, Bitcoin is testing the neckline of this pattern as support.
On a weekly time frame, Bitcoin is still not able to breakout the 200 simple moving average, and once BTC will be able to break it out then again Bitcoin can start a long-term upward stable move.
For a detailed analysis, you can watch the video.
▶️ 3Speak