Bitcoin 4 hour chart - Entering support zone. Whats Next ? Bitcoin all time history indexINDEX:BTCUSDOrriginal This is the Logarithmic Chart and has Fib Circles and VWAP as tools. WE can see how PA hit Both a .236 Fib circle and hit resistance on the upper Multiple of the Local VWAP. Rejection occured and now we see PA reentering the main channel of VWAP. This channel is the Green VWAP line and the 1 x Multiple above and the 1 x Negative Multiple below ( Orange ) The local VWAP line, the Volume Weight Average Price, is around 68600. We will have to wait and see if that holds or not. Support below this is around 66K, 63K and 60K That Bold Yellow line below is the Cycle VWAP, based in Novemeber 2022 and is for me, the ultimate Low. This sits around 58K. Should we follow the Fib circle down to this line, we will be near the end of Month and with a RED March Candle. THIS IS HIGHLY unlikely but also, at the same time, very possible. A Red March candle would be the 6th in a Row. That has only ever happened once........and we will just have to wait and see where we go from here..... For me, this range is the Low, with a possible wick down lower to 58K....but not for long. Exciting days