The last 2-3 days the market has relaxed and lost momentum, and this is normal and expected.
Now we need the liquidity to accumulate so that next week is expected to be green, God willing.
This is a general analysis on Bitcoin 💰
On the 4-hour chart, it is forming a head and shoulders pattern, which is a reversal indicator. If the pattern is completed and confirmed, it will likely go down, drawing liquidity from below before continuing to rise, and we will start a positive week.
The RSI indicator gave us a positive diversion on the 4-hour chart 📈
Currently the nearby supports on the 4-hour chart with Bitcoin are $86,000, $80,000 and $76,800 🧲
The trend in general is still up🔼
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