BTC Price Update (4 hours time frame):-
As per our previous chart, BTC failed to hold the 21 MA support but it has formed a support line at $41750 and from this range, BTC could once again possibly try to test the $44k resistance level.
If BTC fails to hold this support and break below it then the next possible support will be $40700.
We can see a possible bounce from either of these levels.
This chart will get invalidated if BTC breaks and close below the $40700 support.
