$BTC $BTC Analysis 4Hr Time Frame. Bitcoin is in a downward channel at the moment. If it breaks below 96,750 there could be selling pressure possibly retesting all the way to 88,000. If it breaks above 102,000 we may see bullish action to try and reach 106,000 and possible attempt to reach 110,000.

For those that took my previous trade, some of you took profit, others saw the trade break-even. Use proper risk management. Fellow Traders, I’m sharing this analysis in the spirit of creating a community where we all learn from each other.