Welcome members to this update on BTC in 6 hours timeframe.

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If you had followed my previous charts then you will know that I have been telling time and again about BTC hitting close to the $44k resistance level . Here we are, BTC reaching as close as $43.4k and then got rejected but the fight is not over yet. BTC is under a rising wedge pattern and if BTC bounces back from the current level of $42.4k then we can expect BTC to reach the $43.5k level soon.
BTC might be showing some bullish moves but let us not forget that BTC is close to the resistance level which means there is a probability that BTC will get rejected as well.

Here are the possible levels we can keep an eye on.

1. $41.8k level: If BTC breaks down below this level then there are higher chances that BTC will get rejected.
2. $42.4k level: This level right here has been an important resistance zone for BTC and the current price is once again facing this resistance level .
3. $43.5k level: There is a good chance that BTC will try to break through this resistance once again. If BTC manages to get through this then things will look way too interesting.

So, I am keeping my eyes on these levels.

Let me know what you think about this idea and if you like it then do like and share.

Trade safely.