This is a 4H frame analysis for BTCUSDT Currently, the price is below our first resistance line and has attempted several times to break this static region and establish itself above it, which has been unsuccessful. On the 1-day timeframe, we cannot see any upward momentum and the candles are not currently indicating any upward movement, however, we can remain hopeful that the price can move up again. Keep in mind that if the price hits its support too hard and is unable to move up, its support may be lost, so trade cautiously. Also, keep in mind that if the price fully penetrates the support line and establishes itself, it can move to even lower numbers, such as $19,560.
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