BTC 4H | Rolling With Sats #001

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BTC 4H | Rolling With Sats #001Bitcoin / TetherUSBINANCE:BTCUSDTrollingwithsatsBTC has been trading within what looks like a rising wedge since the initial move from 75K. We had a fakeout below the hourly support before a strong expansion up towards 87K, where price ran into resistance and failed to push any higher. Since then, we've created a couple of 4H fair value gaps, price has broken down, and we're now testing the consequent encroachment (50%) of an earlier hourly FVG around 83K. For me, 83K is the level to watch. If we lose that, I think we see a move into the high 79Ks first, potentially followed by a deeper retracement towards 77K. There are a few smaller hourly FVGs below that could provide support along the way, but overall I'm leaning bearish here. Let's see how it plays out.