Bitcoin close above the 40k on the weekly perspective, it’s a good sign.
On the 4h time frame, the price failed to create a new Higher High of 43k.

We could see a bullish scenario if the price is going to create a new higher high with volume and confirmations as I told you in the previous analysis. on 43k we can see the supply zone .

Otherwise, if the price is going to lose the 40k support and retest it as new resistance, the next support is the 37k.
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Keep in mind.

🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.