Update on #Bitcoin on a 4H timeframe 26 March 2022

Update on #Bitcoin on a 4H timeframe:

- Currently ranging between 43/45K
- Small accumulation zone around 44.3K
- Biggest resistances at 45/46K (multiple moving averages and fibonacci's confluence)
- Biggest supports at 43.3, 41.2 and 40.3K

#BTC is moving in a tight range now of about a 1-3.5% as we approach to the most important resistance which is between 45-46K.

- Candles above 46K are bullish
- Candles below support levels mean more downside action is coming.

MACD bearish cross happening right now.

If we switch to a daily timeframe, everything looks in place for a potential swing high, low, or reversal on the dates we have been showing in our yellow box which indicates confluence on multiple Fibonacci timezones (30/03 to 03/04 2022)