BTC fell from its heights around 47k and is now testing the higher lows trend line .

BTC begins consolidating at 43.6k and completes a bearish rising bottom wedge and falls to 42.1k, then followed by a correction wave of about 61.8%.

This begins completes waves 1 and wave 2. Wave 3 follows with a fall from 43k to 39.6k, followed by a wave 4 correction.

Waiting on MACD bearish divergence on the 1 week and 1 day to open any shorts, still believe btc may be finishing an expanded flat.

If the 4hr candle closes with a long legged doji , we might see a change in current trend.