Currently, BTC broke the internal (4H) uptrend market structure. ๐
Higher Timeframe (1D) Low not broke yet which is around 40k. (Which remaining uptrend) ๐
But internal market structure broken, and now it could try to retest the 50-60% fib level with the huge Fair Value Gap (FVG) as a confluence.
BTC also now in multiple trend line support, so we can aspect the upside movement attest the confluence FVG level. (Black Marked Zone)
Higher Timeframe (1D) Low not broke yet which is around 40k. (Which remaining uptrend) ๐
But internal market structure broken, and now it could try to retest the 50-60% fib level with the huge Fair Value Gap (FVG) as a confluence.
BTC also now in multiple trend line support, so we can aspect the upside movement attest the confluence FVG level. (Black Marked Zone)