Technical analysis by Zjien13 about Symbol BTC on 12/26/2023

There are two scenarios I'm considering. If it gets rejected in the 4-hour supply zone and the price retreats to the range low zone, it will become bullish again. 46K to go to. Frankly, the decline scenario is more meaningful in this case. Its upward direction on the hourly brings a retest to the 4-hour supply area. Since the chart is the same chart, the time frames naturally move in relation to each other. Larger time frames are always more accurate guidance. While the price was withdrawing, it always fell by taking liquidity, but it did not take the swing low liquidity. When such situations occur, sharp declines can usually occur. Please do not forget to manage your risk.